Washington Real Estate Investment Trust logo

WRE

Washington Real Estate Investment Trust

$21.5

Earnings Summary

Revenue
$51.38Mn
Net Profits
$-8.87Mn
Net Profit Margins
-17.27%
PE Ratio
131.69

Highlights

Revenue:

Washington Real Estate Investment Trust’s revenue jumped 24.42% since last year same period to $51.38Mn in the Q2 2022. On a quarterly growth basis, Washington Real Estate Investment Trust has generated 7.48% jump in its revenue since last 3-months.

Net Profits:

Washington Real Estate Investment Trust’s net profit fell -26.92% since last year same period to $-8.87Mn in the Q2 2022. On a quarterly growth basis, Washington Real Estate Investment Trust has generated -14.89% fall in its net profits since last 3-months.

Net Profit Margins:

Washington Real Estate Investment Trust’s net profit margin fell -2.01% since last year same period to -17.27% in the Q2 2022. On a quarterly growth basis, Washington Real Estate Investment Trust has generated -6.89% fall in its net profit margins since last 3-months.

PE Ratio:

Washington Real Estate Investment Trust’s price-to-earnings ratio after this Q2 2022 earnings stands at 131.69.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Washington Real Estate Investment Trust post its latest quarter earnings

EPS Estimate Current Quarter
-0.05
EPS Estimate Current Year
-0.05

Highlights

EPS Estimate Current Quarter:

Washington Real Estate Investment Trust’s earning per share (EPS) estimates for the current quarter stand at -0.05 - a 16.67% jump from last quarter’s estimates.

EPS Estimate Current Year:

Washington Real Estate Investment Trust’s earning per share (EPS) estimates for the current year stand at -0.05.

Key Ratios

Key ratios of the Washington Real Estate Investment Trust post its Q2 2022 earnings

Earning Per Share (EPS)
-0.1
Return on Assets (ROA)
0
Return on Equity (ROE)
-0.04
Dividend Per Share (DPS)
0.94

Highlights

Earning Per Share (EPS):

Washington Real Estate Investment Trust’s earning per share (EPS) fell -25% since last year same period to -0.1 in the Q2 2022. This indicates that the Washington Real Estate Investment Trust has generated -25% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

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. Washington Real Estate Investment Trust’s return on assets (ROA) stands at 0.

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. Washington Real Estate Investment Trust’s return on equity (ROE) stands at -0.04.

Dividend Per Share (DPS):

Washington Real Estate Investment Trust declared 0.94 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-07-29
-0.06
-0.1
-66.67%
2022-04-28
-0.05
-0.09
-80%

Company Information

WashREIT owns and operates uniquely positioned real estate assets in the D.C. Metro region. Its portfolio of 43 properties includes approximately 3.4 million square feet of commercial space and 6,863 multifamily apartment units across the region. The company currently has an enterprise value of approximately $3.0 billion. With a track record of driving returns and delivering satisfaction, WashREIT is a trusted authority in one of the nation’s most competitive real estate markets.

Organisation
Washington Real Estate Investment Trust
Headquarters
Washington, Washington Dc, US
Employees
112
Industry
Finance
CEO
Paul McDermott