Analysts expect Franklin Street Properties Corp. (NASDAQ:FSP) to report $0.20 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Franklin Street Properties’ earnings, with the highest EPS estimate coming in at $0.21 and the lowest estimate coming in at $0.19. Franklin Street Properties posted earnings of $0.25 per share during the same quarter last year, which suggests a negative year over year growth rate of 20%. The firm is expected to report its next quarterly earnings results on Tuesday, May 7th.
On average, analysts expect that Franklin Street Properties will report full-year earnings of $0.82 per share for the current year, with EPS estimates ranging from $0.76 to $0.86. For the next financial year, analysts anticipate that the firm will report earnings of $0.84 per share, with EPS estimates ranging from $0.76 to $0.90. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that cover Franklin Street Properties.
Separately, BidaskClub raised Franklin Street Properties from a “hold” rating to a “buy” rating in a research note on Saturday.
Shares of NASDAQ:FSP traded down $0.25 on Friday, reaching $7.55. 5,016 shares of the company traded hands, compared to its average volume of 353,782. Franklin Street Properties has a 52 week low of $5.87 and a 52 week high of $9.22.
About Franklin Street Properties
Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on investing in institutional-quality office properties in the U.S. FSP's strategy is to invest in select urban infill and central business district (CBD) properties, with primary emphasis on our five core markets of Atlanta, Dallas, Denver, Houston, and Minneapolis.
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