Investing.com - Physicians Realty (NYSE:DOC) Trust reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Physicians Realty Trust announced earnings per share of $0.28 on revenue of $131.51M. Analysts polled by Investing.com anticipated EPS of $0.06 on revenue of $127.7M.
Physicians Realty Trust shares are down 26.01% from the beginning of the year, still down 25.44% from its 52 week high of $19.26 set on November 3, 2021.
Physicians Realty Trust shares lost 2.58% in intra-day trade following the report.
Physicians Realty Trust follows other major Real Estate sector earnings this month
Physicians Realty Trust's report follows an earnings beat by Prologis on October 19, who reported EPS of $1.36 on revenue of $1.75B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on October 27 with third quarter EPS of $1.8 on revenue of $2.67B, compared to forecast for EPS of $1.13 on revenue of $2.65B.
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