EQC Stock Recent News

Office REITs have seen share prices drop between 14.8% and 28.9% this year due to a lack of demand caused by changes in working conditions. Office vacancy rates in the US have worsened, with 65% of the 200 largest areas reporting increases in vacancy rates since 2019. Investors should approach the office REIT market cautiously due to the potential for struggling REITs with high debt and difficulty finding tenants.

Equity Commonwealth reported Q1 2023 financial results with a net income of $20.7 million, a significant improvement from a net loss of $0.7 million YoY. The office sector continues to grapple with challenges from the pandemic, despite signs of gradual recovery with increasing workplace attendance.

Tap five stocks with increasing P/E ratios to try out a different approach. These stocks include OpGen (OPGN), Horizon Technology Finance (HRZN), Equity Commonwealth (EQC), NOV (NOV) and Spartacus Acquisition (NN).

Equity Commonwealth (NYSE:EQC ) Q1 2023 Earnings Conference Call May 4, 2023 10:00 AM ET Company Participants David Helfand - President, CEO & Trustee David Weinberg - EVP & COO Conference Call Participants Nicholas Joseph - Citigroup Craig Mailman - Citigroup Operator Good morning, and thanks for joining this call to discuss Equity Commonwealth's First Results for the Quarter ending March 31, 2023, and an update on the company. [Operator Instructions].

Tap five stocks with increasing P/E ratios to try out a different approach. These stocks include Sweetgreen (SG), Adaptimmune Therapeutics (ADAP), Owl Rock Capital (ORCC), MACOM Technology Solutions (MTSI) and Equity Commonwealth (EQC).

Many REITs opportunistically repurchased shares at a discount to their net asset value. Those buybacks could help boost their values in the future.

CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) announced today that the company will release its first quarter 2023 operating results on Wednesday, May 3, 2023, after the close of trading. A conference call to discuss those results will be held on Thursday, May 4, 2023, at 9:00 am Central Time. The conference call will be available via live audio webcast on the Investor Relations section of the company's website (www.eqcre.com).

The hawkish Fed comments are unfortunately well-founded, and rates will be stubborn for a while longer. That makes return hurdles harder to jump, and less disciplined buyers are the ones in the market now.

Equity Commonwealth (NYSE:EQC ) Q4 2022 Earnings Conference Call February 9, 2023 10:00 AM ET Company Participants David Helfand - President, CEO & Trustee David Weinberg - EVP & COO Conference Call Participants Craig Mailman - Citigroup Operator Good morning, and thanks for joining this call to discuss Equity Commonwealth's results for the fourth quarter and full year ending December 31, 2022, and an update on the company. [Operator Instructions].

CHICAGO--( BUSINESS WIRE )--Equity Commonwealth (NYSE: EQC) announced today that the company will release its fourth quarter and full year 2022 operating results on Wednesday, February 8, 2023, after the close of trading. A conference call to discuss those results will be held on Thursday, February 9, 2023, at 9:00 am Central Time. The conference call will be available via live audio webcast on the Investor Relations section of the company's website (www.eqcre.com). A replay of the audio webcast will also be available following the call.