City Office REIT Past Earnings Performance
Past criteria checks 0/6
City Office REIT has been growing earnings at an average annual rate of 0.3%, while the Office REITs industry saw earnings declining at 13.9% annually. Revenues have been growing at an average rate of 3.3% per year.
Key information
0.3%
Earnings growth rate
0.08%
EPS growth rate
| Office REITs Industry Growth | 3.1% |
| Revenue growth rate | 3.3% |
| Return on equity | -1.2% |
| Net Margin | -9.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
City Office REIT: The Preferreds Are Still Too Discounted, 8.7% Dividend Yield
Sep 28City Office REIT: I Will Buy More 9.4% Yielding Preferred Shares
Jul 27City Office REIT: The 8.4% Dividend Yield Looks Stable
May 13I Went Heavy On Buying City Office REIT's 9.7% Yielding Preferreds
Mar 03City Office REIT: Deep Value Or 7.3% Dividend Yield Trap?
Jan 21City Office REIT: Fortune Favors The Brave
Nov 06City Office REIT: Exploring The Value Of Preferred Shares
Aug 22City Office REIT: Opportunity To Capture 9.7% Yield Via Preferred Shares
Jun 26City Office REIT: I'm Holding Onto My 9.7% Yielding Preferred Shares
Jun 14City Office REIT Q4 2022 Earnings Preview
Feb 22City Office REIT: 9.9% Yield And Plenty Of Upside
Jan 10City Office REIT: The Preferred Shares Now Offer A 9% Yield
Dec 10City Office REIT Q3 2022 Earnings Preview
Nov 04City Office REIT declares $0.20 dividend
Sep 15City Office REIT: A 7% Yielding Small Cap That Could Deliver Big Returns
Sep 09City Office REIT Q2 2022 Earnings Preview
Aug 03City Office: Overlooked Value In The Sector Most Vile
Jun 30City Office REIT: I Like The 7.1% Yielding Preferred Shares
Jun 10Revenue & Expenses Breakdown
How City Office REIT makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 174 | -17 | 15 | 0 |
| 30 Jun 24 | 175 | -14 | 15 | 0 |
| 31 Mar 24 | 178 | -11 | 15 | 0 |
| 31 Dec 23 | 179 | -10 | 15 | 0 |
| 30 Sep 23 | 179 | -20 | 14 | 0 |
| 30 Jun 23 | 181 | -18 | 14 | 0 |
| 31 Mar 23 | 182 | -14 | 14 | 0 |
| 31 Dec 22 | 180 | 10 | 14 | 0 |
| 30 Sep 22 | 176 | 455 | 9 | 0 |
| 30 Jun 22 | 175 | 454 | 13 | 0 |
| 31 Mar 22 | 169 | 453 | 13 | 0 |
| 31 Dec 21 | 164 | 477 | 15 | 0 |
| 30 Sep 21 | 164 | 44 | 16 | 0 |
| 30 Jun 21 | 161 | 46 | 11 | 0 |
| 31 Mar 21 | 160 | 45 | 11 | 0 |
| 31 Dec 20 | 161 | -3 | 11 | 0 |
| 30 Sep 20 | 160 | 0 | 11 | 0 |
| 30 Jun 20 | 158 | -4 | 11 | 0 |
| 31 Mar 20 | 159 | -4 | 10 | 0 |
| 31 Dec 19 | 156 | -6 | 11 | 0 |
| 30 Sep 19 | 151 | -15 | 10 | 0 |
| 30 Jun 19 | 146 | -15 | 9 | 0 |
| 31 Mar 19 | 135 | -17 | 8 | 0 |
| 31 Dec 18 | 129 | 31 | 8 | 0 |
| 30 Sep 18 | 126 | 36 | 7 | 0 |
| 30 Jun 18 | 118 | 36 | 7 | 0 |
| 31 Mar 18 | 113 | 47 | 7 | 0 |
| 31 Dec 17 | 106 | -2 | 7 | 0 |
| 30 Sep 17 | 97 | -4 | 7 | 0 |
| 30 Jun 17 | 91 | -2 | 7 | 0 |
| 31 Mar 17 | 82 | 1 | 7 | 0 |
| 31 Dec 16 | 72 | -3 | 13 | 0 |
| 30 Sep 16 | 69 | 1 | 13 | 0 |
| 30 Jun 16 | 65 | 0 | 12 | 0 |
| 31 Mar 16 | 60 | -13 | 12 | 0 |
| 31 Dec 15 | 55 | -7 | 4 | 0 |
| 30 Sep 15 | 48 | -4 | 4 | 0 |
| 30 Jun 15 | 43 | -4 | 4 | 0 |
| 31 Mar 15 | 40 | -6 | 3 | 0 |
| 31 Dec 14 | 37 | -5 | 2 | 0 |
| 30 Sep 14 | 32 | -9 | 1 | 0 |
| 30 Jun 14 | 29 | -7 | 0 | 0 |
| 31 Mar 14 | 25 | -4 | 0 | 0 |
| 31 Dec 13 | 21 | -4 | 0 | 0 |
Quality Earnings: CIO is currently unprofitable.
Growing Profit Margin: CIO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CIO is unprofitable, but has reduced losses over the past 5 years at a rate of 0.3% per year.
Accelerating Growth: Unable to compare CIO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CIO is unprofitable, making it difficult to compare its past year earnings growth to the Office REITs industry (-32.7%).
Return on Equity
High ROE: CIO has a negative Return on Equity (-1.22%), as it is currently unprofitable.