Earnings Estimate Forecast on Government Properties Income Trust(GOV)

Government Properties Income Trust(GOV): For the most recent quarter end, Government Properties Income Trust reported Annual Earnings of $0.54. Based on the filings, last years Annual Earnings was, $2.39. For the most recent quarter end, GOV reported a surprise Earnings per Share of -6.9% . The consensus estimate for current quarter is $0.56 and for the current fiscal year, the estimate is $2.34. For the Next fiscal year, the estimate is $2.24 based on the consensus.

Government Properties Income Trust has received $0.56 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 4 Financial Advisor in the Stock Trading Firms. Among 4 Analysts, Bottom line EPS Estimate for the current quarter is $0.55 while the top line estimate is $0.58 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -7.79%. Government Properties Income Trust results fell short with a surprise EPS of -6.9% or $-0.04. The Actual EPS was $0.54 compared to the Estimated EPS of $0.58 during its most recent quarterly earnings.

Government Properties Income Trust last declared its Dividend on Jan 19, 2017.

Government Properties Income Trust Last issued its quarterly earnings results on Feb 22, 2017. The company reported $0.58 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.56. The company had revenue of $66.03 million for the quarter, compared to analysts expectations of $64.46 million. The companys revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.61 EPS.

Government Properties Income Trust (NASDAQ:GOV) rose 1.86% or 0.37 points on Wednesday and made its way into the gainers of the day. After trading began at $19.59 the stock was seen hitting $20.353 as a peak level and $19.59 as the lowest level. The stock ended up at $20.24. The daily volume was measured at 757,880 shares. The 52-week high of the share price is $24.61 and the 52-week low is $13.41. The company has a market cap of $1,441 million.

Government Properties Income Trust is a real estate investment trust (REIT). The Company was formed to invest in properties that are leased to government tenants. The Company owns 29 properties, 25 of which are leased primarily to the United States Government and four of which are leased to the states of California, Maryland, Minnesota and South Carolina, respectively. The Company is a wholly owned subsidiary of HRPT Properties Trust (HRPT).

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