Equity Commonwealth (NYSE:EQC) Q1 2024 Earnings Call Transcript May 2, 2024 Equity Commonwealth isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, and thank you for joining this call to discuss Equity Commonwealth’s Results for the Quarter Ending March […]
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After a slow start to earnings season that saw several real estate investment trusts (REITs) struggle to beat earnings estimates, REIT earnings and, in particular, revenue seem to be overcoming estimates over the past few days. Perhaps analysts were playing it too cautiously with REITs, but there's been a huge dichotomy between actual revenue reports coming in versus the estimates. The higher interest rates have not been as bad for the top line as Wall Street was expecting. Take a look at four R