What To Expect From Franklin Street Properties Corp (FSP) Q3 2024 Earnings

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Oct 29, 2024
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Franklin Street Properties Corp (FSP, Financial) is set to release its Q3 2024 earnings on Oct 30, 2024. The consensus estimate for Q3 2024 revenue is $30.77 million, and the earnings are expected to come in at -$0.05 per share. The full year 2024's revenue is expected to be $124.09 million and the earnings are expected to be -$0.40 per share. More detailed estimate data can be found on the Forecast page.

Franklin Street Properties Corp (FSP, Financial) Estimates Trends

Revenue estimates for Franklin Street Properties Corp (FSP) have remained steady at $124.09 million for the full year 2024 and $124 million for 2025 over the past 90 days. Earnings estimates for Franklin Street Properties Corp (FSP) have declined from -$0.31 per share to -$0.40 per share for the full year 2024 and have increased from -$0.33 per share to -$0.31 per share for 2025 over the past 90 days.

Franklin Street Properties Corp (FSP, Financial) Reported History

In the previous quarter of 2024-06-30, Franklin Street Properties Corp's (FSP) actual revenue was $30.83 million, which beat analysts' revenue expectations of $30.70 million by 0.42%. Franklin Street Properties Corp's (FSP) actual earnings were -$0.20 per share, which missed analysts' earnings expectations of -$0.08 per share by -150%. After releasing the results, Franklin Street Properties Corp (FSP) was down by -3.87% in one day.

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Franklin Street Properties Corp (FSP, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 1 analyst, the average target price for Franklin Street Properties Corp (FSP) is $1.75 with a high estimate of $1.75 and a low estimate of $1.75. The average target implies a downside of -2.78% from the current price of $1.80.

Based on GuruFocus estimates, the estimated GF Value for Franklin Street Properties Corp (FSP, Financial) in one year is $2.03, suggesting an upside of 12.78% from the current price of $1.80.

Based on the consensus recommendation from 1 brokerage firm, Franklin Street Properties Corp's (FSP, Financial) average brokerage recommendation is currently 3.0, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.