Slate Office REIT (TSE:SOT) Posts Earnings Results, Misses Expectations By $2.17 EPS

Slate Office REIT (TSE:SOTGet Free Report) announced its quarterly earnings results on Thursday. The company reported C($2.12) earnings per share for the quarter, missing the consensus estimate of C$0.05 by C($2.17), reports. The firm had revenue of C$50.16 million during the quarter.

Slate Office REIT Stock Performance

Wall Street Analyst Weigh In

Separately, Cormark upgraded shares of Slate Office REIT from a “strong sell” rating to a “hold” rating in a research report on Friday, October 4th.

Read Our Latest Analysis on SOT

About Slate Office REIT

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The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas Services, and Gas Marketing Services segments. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, wholesale gas services, and gas pipeline investments operations.

Further Reading

Earnings History for Slate Office REIT (TSE:SOT)

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