• City Office REIT Inc CIO.N reported a quarterly adjusted loss of 11 cents​​ per share for the quarter ended January 1, lower than the same quarter last year, when the company reported EPS of -5 cents. The mean expectation of three analysts for the quarter was for a loss of 12 cents per share. Wall Street expected results to range from -14 cents to -11 cents per share.

• Revenue fell 4.2% to $42.37 million from a year ago; analysts expected $42.14 million.

• City Office REIT Inc's reported EPS for the quarter was a loss of 11 cents​.

• The company reported a quarterly loss of $4.49 million.

• City Office REIT Inc shares had fallen by 7.7% this quarter and lost 11.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.1% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the commercial reits peer group is also "buy"

Wall Street's median 12-month price target for City Office REIT Inc is 6.50

This summary was machine generated from LSEG data November 1 at 03:09 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)