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What Makes City Office REIT (CIO) a New Strong Buy Stock
ZACKS· 2024-11-26 18:01
City Office REIT (CIO) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual ...
Susan Kreh, CFO and CIO of Oil-Dri Corporation of America, Named FEI's Chicago CFO of the Year for a Mid-Size Public Company
GlobeNewswire News Room· 2024-11-25 15:18
CHICAGO, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) is proud to announce that Susan Kreh, the Company’s Chief Financial Officer and Chief Information Officer, has been named the recipient of the prestigious 2024 Financial Executives International (FEI) Chicago CFO of the Year Award. This award honors senior financial leaders who have made significant contributions to a business or non-profit in the Chicago area. Recipients are selected from a group of finalists, and awards ...
CIO or OHI: Which Is the Better Value Stock Right Now?
ZACKS· 2024-11-20 17:45
Investors interested in REIT and Equity Trust - Other stocks are likely familiar with City Office REIT (CIO) and Omega Healthcare Investors (OHI) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earning ...
City Office REIT(CIO) - 2024 Q3 - Earnings Call Presentation
2024-10-31 20:07
| --- | --- | --- | |-------|-------------------------------------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | I N V E S T O R P R E S E NTATION | | | | O C T O B E R 2 0 2 4 | | | | N Y S E: CIO | | FORWARD-LOOKING STATEMENTS This presentation contains both historical and forward-looking statements. All statements, other than statements of historical fact are, or may be deemed to be, forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and ...
City Office REIT(CIO) - 2024 Q3 - Earnings Call Transcript
2024-10-31 20:07
City Office REIT, Inc. (NYSE:CIO) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Tony Maretic - Chief Financial Officer, Treasurer and Corporate Secretary Jamie Farrar - Chief Executive Officer Conference Call Participants Upal Rana - KeyBanc Capital Markets Barry Oxford - Colliers Craig Kucera - Lucid Capital Markets Operator Good morning. And welcome to the City Office REIT, Inc. Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen ...
City Office REIT (CIO) Q3 FFO Miss Estimates
ZACKS· 2024-10-31 12:11
City Office REIT (CIO) came out with quarterly funds from operations (FFO) of $0.27 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to FFO of $0.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -3.57%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.30 per share when it actually produced FFO of $0.28, delivering a surprise of -6.67%.Over the last four qu ...
City Office REIT(CIO) - 2024 Q3 - Quarterly Report
2024-10-31 10:16
Table of Contents Title of Each Class Trading Symbol(s) Name of each Exchange on Which Registered Common Stock, $0.01 par value "CIO" New York Stock Exchange 6.625% Series A Cumulative Redeemable Preferred Stock, $0.01 par value per share "CIO.PrA" New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ T ...
City Office REIT(CIO) - 2024 Q3 - Quarterly Results
2024-10-31 10:10
Exhibit 99.1 City Office REIT Reports Third Quarter 2024 Results VANCOUVER—October 31, 2024 —City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended September 30, 2024. Third Quarter Highlights • Rental and other revenues were $42.4 million. GAAP net loss attributable to common stockholders was approximately $4.5 million, or ($0.11) per fully diluted share; • Core FFO was approximately $11.1 million, or $0.27 per fully diluted share; ...
VERSABANK RECOGNIZED FOR CONTINUING LEADERSHIP IN BANKING TECHNOLOGY
Prnewswire· 2024-09-26 11:00
– Bank Named CIO Awards Canada Winner by IDC and CIO – LONDON, ON, Sept. 26, 2024 /PRNewswire/ - VersaBank has been named a CIO Awards Canada winner by IDC Canada and CIO. VersaBank CIO, Wooi Koay received the award at a CIO Awards Canada gala dinner hosted at The National Club in Toronto on September 25, 2024. CIO Awards Canada recognized VersaBank for its Capital Adequacy Requirement (CAR) project. Canada's banking regulator requires banks to set aside capital amounts for different loan types – known as c ...
What's stalling China's stock market recovery, according to KraneShares' CIO
CNBC· 2024-08-31 15:00
China's slow post-Covid recovery could be a lasting headwind for its stock market. With the mainland's two largest indexes — the Shanghai Composite and the Shenzhen Composite — each negative so far in 2024, KraneShares Chief Investment Officer Brendan Ahern thinks government stimulus is necessary to kick-start the country's stock market performance. "Investors, particularly in mainland China … [are] looking for much, much stronger fiscal support from the government," he told CNBC's "ETF Edge" this week. "Th ...