What To Expect From Diversified Healthcare Trust (DHC) Q3 2024 Earnings

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Nov 04, 2024

Diversified Healthcare Trust (DHC, Financial) is set to release its Q3 2024 earnings on Nov 5, 2024. The consensus estimate for Q3 2024 revenue is $380.17 million, and the earnings are expected to come in at -$0.26 per share. The full year 2024's revenue is expected to be $1.51 billion and the earnings are expected to be -$1.14 per share. More detailed estimate data can be found on the Forecast page.

Diversified Healthcare Trust (DHC, Financial) Estimates Trends

Revenue estimates for Diversified Healthcare Trust (DHC) have declined from $1.52 billion to $1.51 billion for the full year 2024 and from $1.66 billion to $1.64 billion for 2025 over the past 90 days. Earnings estimates for Diversified Healthcare Trust (DHC) have remained flat at -$1.14 per share for the full year 2024 and at -$0.75 per share for 2025 over the past 90 days.

Diversified Healthcare Trust (DHC, Financial) Reported History

In the previous quarter of 2024-06-30, Diversified Healthcare Trust's (DHC) actual revenue was $371.39 million, which missed analysts' revenue expectations of $372.13 million by -0.2%. Diversified Healthcare Trust's (DHC) actual earnings were -$0.41 per share, which missed analysts' earnings expectations of -$0.28 per share by -46.43%. After releasing the results, Diversified Healthcare Trust (DHC) was down by -1.22% in one day.

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Diversified Healthcare Trust (DHC, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 2 analysts, the average target price for Diversified Healthcare Trust (DHC) is $4.50 with a high estimate of $6 and a low estimate of $3. The average target implies an upside of 29.68% from the current price of $3.47.

Based on GuruFocus estimates, the estimated GF Value for Diversified Healthcare Trust (DHC, Financial) in one year is $2.81, suggesting a downside of -19.02% from the current price of $3.47.

Based on the consensus recommendation from 3 brokerage firms, Diversified Healthcare Trust's (DHC, Financial) average brokerage recommendation is currently 3.0, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.