Investing.com - Service Properties reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Service Properties announced earnings per share of $0.05 on revenue of $498.25M. Analysts polled by Investing.com anticipated EPS of $-0.20 on revenue of $486.06M.
Service Properties shares are down 12% from the beginning of the year , still down 38.27% from its 52 week high of $12.23 set on Monday, November 8, 2021.
Service Properties follows other major Real Estate sector earnings this month
Service Properties's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.75B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $1.8 on revenue of $2.67B, compared to forecast for EPS of $1.13 on revenue of $2.65B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar