1 Stock Loses, but 4 Deliver After Earnings
Government Properties Income Trust (NYSE:GOV) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 1.85% to $0.53 in the quarter versus EPS of $0.54 in the year-earlier quarter. Revenue rose 7.73% to $56.3 million from the year-earlier quarter.
Government Properties Income Trust reported adjusted EPS income of $0.53 per share. By that measure, the company beat the mean analyst estimate of $0.52. It missed the average revenue estimate of $57.51 million.