$0.25 EPS Expected for Equity Commonwealth (EQC)

October 25, 2017 - By Marie Mckinney

Wall Street await Equity Commonwealth (NYSE:EQC) to release earnings on November, 1. Analysts forecast EPS of $0.25, up exactly $0.02 or 8.70 % from 2014’s $0.23 EPS. The expected EQC’s profit could reach $31.02 million giving the stock 29.98 P/E in the case that $0.25 earnings per share is reported. After posting $0.25 EPS for the previous quarter, Equity Commonwealth’s analysts now forecast 0.00 % EPS growth. The stock decreased 0.03% or $0.01 during the last trading session, reaching $29.98. About 904,790 shares traded or 50.00% up from the average. Equity Commonwealth (NYSE:EQC) has risen 13.35% since October 25, 2016 and is uptrending. It has underperformed by 3.35% the S&P500.

Equity Commonwealth (NYSE:EQC) Ratings Coverage

Among 3 analysts covering Equity Commonwealth (NYSE:EQC), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Equity Commonwealth had 9 analyst reports since August 10, 2015 according to SRatingsIntel. Stifel Nicolaus maintained Equity Commonwealth (NYSE:EQC) on Friday, July 14 with “Hold” rating. The stock of Equity Commonwealth (NYSE:EQC) earned “Neutral” rating by Bank of America on Wednesday, September 9. On Monday, August 15 the stock rating was upgraded by Bank of America to “Buy”. The rating was downgraded by Stifel Nicolaus on Friday, November 6 to “Hold”. Citigroup maintained the shares of EQC in report on Thursday, September 1 with “Neutral” rating. Stifel Nicolaus maintained Equity Commonwealth (NYSE:EQC) rating on Monday, September 18. Stifel Nicolaus has “Hold” rating and $33.0 target. The firm has “Neutral” rating given on Friday, September 11 by Citigroup. The rating was upgraded by Zacks to “Sell” on Monday, August 10. The rating was upgraded by Citigroup on Monday, September 14 to “Neutral”.

Equity Commonwealth is an internally managed and self-advised real estate investment trust. The company has market cap of $3.72 billion. The Firm is engaged in the ownership and operation primarily of office buildings across the United States. It has a 34.87 P/E ratio. The Firm conducts its activities primarily through EQC Operating Trust .

More notable recent Equity Commonwealth (NYSE:EQC) news were published by: Costar.com which released: “Equity Commonwealth Continues To Build Stockpile of Cash” on October 06, 2017, also Prnewswire.com with their article: “Daily Technical Summary Reports on REIT Stocks — Equity Commonwealth, Digital …” published on October 19, 2017, Chicagobusiness.com published: “Zell poised to sell Groupon headquarters building” on October 04, 2017. More interesting news about Equity Commonwealth (NYSE:EQC) were released by: Businesswire.com and their article: “Equity Commonwealth Announces Third Quarter 2017 Earnings Conference Call” published on September 27, 2017 as well as Chicagobusiness.com‘s news article titled: “Zell’s mobile home biz courts new customer: yacht owners” with publication date: October 24, 2017.

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