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Investing.com - Franklin Street Properties reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Franklin Street Properties announced earnings per share of $0.170 on revenue of $40.84M. Analysts polled by Investing.com EPS of $0.020 on revenue of $37.77M.
Franklin Street Properties 's are down 58% and is trading at $2.910 , still down 55.93% from its 52 week high of $6.58 set on Wednesday, December 8, 2021.
Franklin Street Properties shares gained 0.34% to trade at $2.910 in after-hours trade the report.
Franklin Street Properties follows other major Real Estate sector earnings this month
Franklin Street Properties's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.75B, EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday with third quarter EPS of $1.8 on revenue of $2.67B, for EPS of $1.13 on revenue of $2.65B.
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