Media headlines about Equity Commonwealth (NYSE:EQC) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Equity Commonwealth earned a news impact score of 0.15 on Accern’s scale. Accern also assigned headlines about the real estate investment trust an impact score of 46.2943600389179 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Equity Commonwealth (EQC) traded up $0.05 during trading hours on Friday, reaching $30.30. The company’s stock had a trading volume of 345,737 shares, compared to its average volume of 533,237. Equity Commonwealth has a 1 year low of $29.50 and a 1 year high of $32.51. The company has a current ratio of 41.39, a quick ratio of 41.39 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $3,753.70, a PE ratio of 68.87 and a beta of 0.10.
Equity Commonwealth (NYSE:EQC) last issued its quarterly earnings results on Tuesday, October 24th. The real estate investment trust reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.05). The firm had revenue of $77.80 million during the quarter, compared to the consensus estimate of $92.13 million. Equity Commonwealth had a net margin of 17.04% and a return on equity of 2.00%. The business’s revenue for the quarter was down 32.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.23 earnings per share. equities analysts expect that Equity Commonwealth will post 0.9 earnings per share for the current year.
COPYRIGHT VIOLATION WARNING: This news story was originally posted by Community Financial News and is the sole property of of Community Financial News. If you are reading this news story on another domain, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The original version of this news story can be read at https://www.com-unik.info/2017/12/23/equity-commonwealth-eqc-getting-somewhat-positive-press-coverage-analysis-shows.html.
About Equity Commonwealth
Equity Commonwealth is an internally managed and self-advised real estate investment trust. The Company is engaged in the ownership and operation primarily of office buildings across the United States. The Company conducts its activities primarily through EQC Operating Trust (the Operating Trust). As of August 14, 2017, the Company’s portfolio included 20 properties and 11 million square feet.
Receive News & Ratings for Equity Commonwealth Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equity Commonwealth and related companies with MarketBeat.com's FREE daily email newsletter.