City Office REIT Future Growth

Future criteria checks 0/6

City Office REIT's revenue and earnings are forecast to decline at 0.6% and 15.6% per annum respectively while EPS is expected to decline by 12.5% per annum.

Key information

-15.6%

Earnings growth rate

-12.5%

EPS growth rate

Office REITs earnings growth	18.3%
Revenue growth rate	-0.6%
Future return on equity	n/a
Analyst coverage	Low
Last updated	22 Apr 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

NYSE:CIO.PRA - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	178	-13	N/A	N/A	1
12/31/2025	176	-19	N/A	N/A	4
12/31/2024	174	-20	N/A	N/A	5
12/31/2023	179	-10	57	57	N/A
9/30/2023	179	-20	58	58	N/A
6/30/2023	181	-18	59	59	N/A
3/31/2023	182	-14	106	106	N/A
12/31/2022	180	10	107	107	N/A
9/30/2022	176	455	105	105	N/A
6/30/2022	175	454	113	113	N/A
3/31/2022	169	453	72	72	N/A
12/31/2021	164	477	73	73	N/A
9/30/2021	164	44	78	78	N/A
6/30/2021	161	46	64	64	N/A
3/31/2021	160	45	65	65	N/A
12/31/2020	161	-3	60	60	N/A
9/30/2020	160	0	60	60	N/A
6/30/2020	158	-4	62	62	N/A
3/31/2020	159	-4	57	57	N/A
12/31/2019	156	-6	49	49	N/A
9/30/2019	151	-15	49	49	N/A
6/30/2019	146	-15	49	49	N/A
3/31/2019	135	-17	43	43	N/A
12/31/2018	129	31	42	42	N/A
9/30/2018	126	36	41	41	N/A
6/30/2018	118	36	36	36	N/A
3/31/2018	113	47	35	35	N/A
12/31/2017	106	-2	37	37	N/A
9/30/2017	97	-4	N/A	32	N/A
6/30/2017	91	-2	N/A	29	N/A
3/31/2017	82	1	N/A	18	N/A
12/31/2016	72	-3	N/A	19	N/A
9/30/2016	69	1	N/A	14	N/A
6/30/2016	65	0	N/A	10	N/A
3/31/2016	60	-13	N/A	16	N/A
12/31/2015	55	-7	N/A	14	N/A
9/30/2015	48	-4	N/A	14	N/A
6/30/2015	43	-4	N/A	10	N/A
3/31/2015	40	-6	N/A	8	N/A
12/31/2014	37	-5	N/A	8	N/A
9/30/2014	32	-9	N/A	7	N/A
6/30/2014	29	-7	N/A	9	N/A
3/31/2014	25	-4	N/A	9	N/A
12/31/2013	21	-4	N/A	7	N/A
9/30/2013	18	-2	N/A	6	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CIO.PRA is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: CIO.PRA is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: CIO.PRA is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: CIO.PRA's revenue is expected to decline over the next 3 years (-0.6% per year).

High Growth Revenue: CIO.PRA's revenue is forecast to decline over the next 3 years (-0.6% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if CIO.PRA's Return on Equity is forecast to be high in 3 years time

City Office REIT Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

City Office Reit, Inc. Provides Earnings Guidance for the Full Year 2024

City Office REIT, Inc. Revises Earnings Guidance for the Full Year 2023

City Office REIT, Inc. Revises Earnings Guidance for the Full Year 2022

City Office REIT, Inc. Provides Earnings Guidance for the Full Year 2022

City Office REIT, Inc. Revises Earnings Guidance for the Full Year 2021

Recent updates

City Office REIT, Inc. to Report Q1, 2024 Results on May 03, 2024

City Office REIT, Inc. Authorizes Quarterly Dividend for the First Quarter of 2024, Payable on April 24, 2024

City Office REIT, Inc., Annual General Meeting, May 02, 2024

City Office Reit, Inc. Provides Earnings Guidance for the Full Year 2024

City Office REIT, Inc. to Report Q4, 2023 Results on Feb 22, 2024

City Office REIT, Inc. Announces Dividend for Fourth Quarter 2023, Payable on January 24, 2024

City Office REIT, Inc. to Report Q3, 2023 Results on Nov 09, 2023

City Office REIT, Inc. Announces Dividends for Third Quarter 2023, Payable on October 24, 2023

City Office REIT, Inc. Revises Earnings Guidance for the Full Year 2023

City Office REIT, Inc. to Report Q2, 2023 Results on Aug 03, 2023

City Office REIT, Inc.(NYSE:CIO) dropped from Russell 2000 Value-Defensive Index

City Office REIT, Inc. (NYSE:CIO) announces an Equity Buyback.

City Office REIT, Inc. to Report Q4, 2022 Results on Feb 23, 2023

City Office REIT, Inc. Authorizes Quarterly Dividend for Common Stock and Common Unit of Partnership Interest for the Fourth Quarter of 2022, Payable on January 24, 2023

City Office REIT, Inc. to Report Q3, 2022 Results on Nov 07, 2022

City Office REIT, Inc. Authorizes Quarterly Dividend for Common Stock and Common Unit of Partnership Interest for the Third Quarter of 2022, Payable on October 21, 2022

City Office REIT, Inc. Revises Earnings Guidance for the Full Year 2022

City Office REIT, Inc. to Report Q2, 2022 Results on Aug 04, 2022

City Office REIT, Inc. Authorizes Quarterly Dividend for Common Stock and Common Unit of Partnership Interest for the Second Quarter of 2022, Payable on July 22, 2022

An unknown buyer completed the acquisition of Lake Vista Pointe property in Dallas from City Office REIT, Inc. (NYSE:CIO).

An unknown buyer agreed to acquire Lake Vista Pointe property in Dallas from City Office REIT, Inc. (NYSE:CIO) for $43.8 million.

City Office REIT, Inc. to Report Q1, 2022 Results on May 05, 2022

City Office REIT, Inc. Provides Earnings Guidance for the Full Year 2022

City Office REIT, Inc. (NYSE:CIO) acquired Bloc 83 from Heritage Properties for approximately $330 million.

City Office REIT, Inc. (NYSE:CIO) acquired The Terraces for $130 million.

City Office REIT, Inc. (NYSE:CIO) acquired Block 23, a premier office building in downtown Phoenix, Arizona Arizona from Red Development LLC for approximately $150 million.

An unknown buyer completed the acquisition of Southern Portfolio Located in Sorrento Mesa Submarket of San Diego, California from City Office REIT, Inc. (NYSE:CIO).

An unknown buyer entered into an agreement to acquire Northern Portfolio Located in Sorrento Mesa Submarket of San Diego, California from City Office REIT, Inc. (NYSE:CIO) for $400 million.

City Office REIT, Inc. Revises Earnings Guidance for the Full Year 2021

City Office REIT, Inc. (NYSE:CIO) entered into a purchase and sale agreement to acquire two properties in Sorrento Mesa submarket of San Diego, California for $43.3 million.

City Office REIT, Inc., Annual General Meeting, May 06, 2021

An unknown buyer acquired Cherry Creek Property in Denver, Colorado from City Office REIT, Inc. (NYSE:CIO) for $95 million.

City Office REIT, Inc. to Report Q4, 2020 Results on Feb 25, 2021

City Office REIT, Inc. to Report Q3, 2020 Results on Nov 05, 2020

An unknown buyer agreed to acquire 89,000 square foot building in San Diego, California from City Office REIT, Inc. (NYSE:CIO) for $16.5 million.

City Office REIT, Inc. to Report Q2, 2020 Results on Aug 06, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies