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City Office REIT Inc

$12.87

Earnings Summary

Net Profits
$1.04Mn
PE Ratio
1.28

Highlights

Net Profits:

City Office REIT Inc’s net profit fell -37.18% since last year same period to $1.04Mn in the Q2 2022. On a quarterly growth basis, City Office REIT Inc has generated -100% fall in its net profits since last 3-months.

PE Ratio:

City Office REIT Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 1.28.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the City Office REIT Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.03
EPS Estimate Current Year
0.03

Highlights

EPS Estimate Current Quarter:

City Office REIT Inc’s earning per share (EPS) estimates for the current quarter stand at 0.03 - a -50% fall from last quarter’s estimates.

EPS Estimate Current Year:

City Office REIT Inc’s earning per share (EPS) estimates for the current year stand at 0.03.

Key Ratios

Key ratios of the City Office REIT Inc post its Q2 2022 earnings

Return on Assets (ROA)
0.02
Return on Equity (ROE)
0.7
Dividend Per Share (DPS)
0.75

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. City Office REIT Inc’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. City Office REIT Inc’s return on equity (ROE) stands at 0.7.

Dividend Per Share (DPS):

City Office REIT Inc declared 0.75 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-05
0.06
0.51
750%

Company Information

City Office REIT is an internally-managed real estate company focused on acquiring, owning and operating high-quality office properties located in leading 18-hour cities in the Southern and Western United States. City Office currently owns or has a controlling interest in 5.5 million square feet of office properties. The Company has elected to be taxed as a real estate investment trust for U.S. federal income tax purposes.

Organisation
City Office REIT Inc
Headquarters
Vancouver, British Columbia, Canada
Employees
20
Industry
Finance
CEO
James Farrar