Franklin Street Properties Past Earnings Performance

Past criteria checks 0/6

Franklin Street Properties's earnings have been declining at an average annual rate of -16%, while the Office REITs industry saw earnings declining at 2.5% annually. Revenues have been declining at an average rate of 14.3% per year.

Key information

-16.0%

Earnings growth rate

-16.2%

EPS growth rate

Office REITs Industry Growth	3.1%
Revenue growth rate	-14.3%
Return on equity	-8.2%
Net Margin	-41.7%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

How Much Is Franklin Street Properties' (NYSEMKT:FSP) CEO Getting Paid?

Dec 03

Revenue & Expenses Breakdown
Beta

How Franklin Street Properties makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSEAM:FSP Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	139	-58	14
31 Dec 23	146	-48	14
30 Sep 23	152	-55	14
30 Jun 23	156	8	14
31 Mar 23	161	8	14
31 Dec 22	166	1	14
30 Sep 22	168	83	15
30 Jun 22	178	70	16
31 Mar 22	193	95	16
31 Dec 21	209	93	16
30 Sep 21	226	52	16
30 Jun 21	237	45	16
31 Mar 21	242	27	16
31 Dec 20	246	33	15
30 Sep 20	255	-1	15
30 Jun 20	261	3	15
31 Mar 20	267	7	14
31 Dec 19	269	6	14
30 Sep 19	267	4	14
30 Jun 19	267	11	14
31 Mar 19	267	10	13
31 Dec 18	269	13	13
30 Sep 18	269	7	14
30 Jun 18	269	-1	13
31 Mar 18	270	-19	13
31 Dec 17	273	-16	13
30 Sep 17	271	-9	13
30 Jun 17	265	-9	14
31 Mar 17	258	10	14
31 Dec 16	249	8	14
30 Sep 16	244	22	14
30 Jun 16	242	23	13
31 Mar 16	242	25	13
31 Dec 15	242	35	13
30 Sep 15	244	24	14
30 Jun 15	243	22	14
31 Mar 15	245	22	13
31 Dec 14	248	13	13
30 Sep 14	248	13	12
30 Jun 14	245	16	13
31 Mar 14	231	17	13
31 Dec 13	212	17	12
30 Sep 13	194	19	12
30 Jun 13	177	20	11

Quality Earnings: FSP is currently unprofitable.

Growing Profit Margin: FSP is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FSP is unprofitable, and losses have increased over the past 5 years at a rate of 16% per year.

Accelerating Growth: Unable to compare FSP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FSP is unprofitable, making it difficult to compare its past year earnings growth to the Office REITs industry (-25.4%).

Return on Equity

High ROE: FSP has a negative Return on Equity (-8.25%), as it is currently unprofitable.

Franklin Street Properties Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Franklin Street Properties Corp. to Report Q1, 2024 Results on Apr 30, 2024

Full year 2023 earnings: EPS misses analyst expectations

Franklin Street Properties Corp. to Report Q4, 2023 Results on Feb 26, 2024

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Franklin Street Properties Corp. to Report Q3, 2023 Results on Nov 07, 2023

Second quarter 2023 earnings: EPS misses analyst expectations

Recent updates

Franklin Street Properties Corp. Provides Earnings Guidance for the Year 2024

Franklin Street Properties Corp. to Report Q1, 2024 Results on Apr 30, 2024

Price target decreased by 10.0% to US$2.25

Fourth quarter dividend of US$0.01 announced

Franklin Street Properties Corp., Annual General Meeting, May 16, 2024

Consensus EPS estimates fall by 33%

Independent Director recently bought US$116k worth of stock

Full year 2023 earnings: EPS misses analyst expectations

Price target increased by 18% to US$2.50

Franklin Street Properties Corp. to Report Q4, 2023 Results on Feb 26, 2024

Upcoming dividend of US$0.01 per share at 1.6% yield

Franklin Street Properties Corp. Declares Quarterly Dividend for the Period from October 1, 2023 Through December 31, 2023, Payable on February 15, 2024

Independent Director recently bought US$157k worth of stock

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment improves as stock rises 15%

Franklin Street Properties Corp. to Report Q3, 2023 Results on Nov 07, 2023

Upcoming dividend of US$0.01 per share at 2.1% yield

Franklin Street Properties Corp. Declares Quarterly Dividend, Payable on November 9, 2023

Price target increased by 13% to US$2.25

Investor sentiment improves as stock rises 16%

Second quarter 2023 earnings: EPS misses analyst expectations

Franklin Street Properties Corp. to Report Q2, 2023 Results on Aug 01, 2023

Upcoming dividend of US$0.01 per share at 2.5% yield

Franklin Street Properties Corp. Declares Quarterly Dividend for the Period April 1, 2023 Through June 30, 2023, Payable on August 10, 2023

Franklin Street Properties Corp.(NYSEAM:FSP) dropped from Russell 2000 Dynamic Index

New minor risk - Insider selling

Independent Director recently bought US$145k worth of stock

Consensus EPS estimates fall by 13%

Independent Director recently bought US$148k worth of stock

Consensus EPS estimates fall by 23%

Insufficient new directors

Franklin Street Properties Corp. Suspends Financial Guidance for the Full Year 2023

Franklin Street Properties Corp. to Report Q4, 2022 Results on Feb 14, 2023

Franklin Street Properties Corp. Declares Dividend for the Quarter Ended December 31, 2022, Payable on February 16, 2023

Insufficient new directors

Independent Director recently bought US$137k worth of stock

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Insufficient new directors

Franklin Street Properties Corp. to Report Q3, 2022 Results on Nov 01, 2022

Franklin Street Properties Corp. Declares Quarterly Dividend, Payable on November 10, 2022

An unknown buyer acquired 380 Interlocken Crescent and 390 Interlocken Crescent in Broomfield, Colorado from Franklin Street Properties Corp. (NYSEAM:FSP) for approximately $100 million.

Franklin Street Properties Corp. Suspends Financial Guidance for the Full Year 2022

Franklin Street Properties Corp. to Report Q2, 2022 Results on Aug 02, 2022

Upcoming dividend of US$0.01 per share

Price target decreased to US$5.33

Franklin Street Properties Corp Declares Quarterly Dividend for the Period April 1, 2022 Through June 30, 2022, Payable on August 11, 2022

Independent Director recently bought US$395k worth of stock

Price target decreased to US$5.50

Consensus forecasts updated

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target increased to US$6.33

Insufficient new directors

Franklin Street Properties Corp. to Report Q1, 2022 Results on May 03, 2022

Franklin Street Properties Corp., Annual General Meeting, May 10, 2022

Independent Director recently bought US$284k worth of stock

Full year 2021 earnings: EPS misses analyst expectations

Franklin Street Properties Corp. Elects Milton P. Wilkins, Jr. to Board of Directors

Upcoming dividend of US$0.09 per share

Upcoming dividend of US$0.32 per share

Franklin Street Properties Corp. Declares Special Cash Dividend, Payable on January 12, 2022

Investor sentiment improved over the past week

Price target increased to US$6.33

Third quarter 2021 earnings released: EPS US$0.042 (vs US$0.016 loss in 3Q 2020)

Upcoming dividend of US$0.09 per share

Consensus forecasts updated

Second quarter 2021 earnings released: FFO US$0.14 per share (vs US$0.19 in 2Q 2020)

Franklin Street Properties Corp. (NYSEAM:FSP) announces an Equity Buyback for $50 million worth of its shares.

CP Group acquired Three Building Portfolio in Atlanta from Franklin Street Properties Corp. (NYSEAM:FSP) and Farallon Capital Management, L.L.C.

Crocker Partners LLC completed the acquisition of Office Buildings Located at One Ravinia Drive, Two Ravinia Drive, and 3625 Cumberland Boulevard from Franklin Street Properties Corp. (AMEX:FSP).

Revenue & Expenses Breakdown
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