[Executive Summary & Business Update](index=1&type=section&id=Executive%20Summary%20%26%20Business%20Update) Peakstone Realty Trust is strategically transforming into an industrial REIT with a focus on Industrial Outdoor Storage (IOS), reporting Q2 2025 revenue of $54.0 million, a significant net loss due to impairment, and a 6.3% increase in Same Store Cash NOI [Company Overview & Strategic Direction](index=1&type=section&id=Company%20Overview%20%26%20Strategic%20Direction) Peakstone Realty Trust is actively transforming into an industrial REIT, with a strategic focus on Industrial Outdoor Storage (IOS). Industrial assets now constitute approximately 65% of the net book value of its real estate assets. The company is executing this strategy through IOS acquisitions, leasing, and the monetization of its office portfolio, while also reducing leverage - Peakstone Realty Trust is accelerating its shift to an industrial REIT, with a strategic emphasis on **Industrial Outdoor Storage ("IOS")**[1](index=1&type=chunk)[20](index=20&type=chunk) - Industrial assets now represent approximately **65%** of the net book value of the company's real estate assets[2](index=2&type=chunk) - Key achievements include expanding IOS footprint with two acquisitions, fully leasing an IOS redevelopment property, completing **$182 million** in office sales, and improving leverage to **6.6x** from **7.0x**[2](index=2&type=chunk) [Second Quarter 2025 Financial Highlights](index=1&type=section&id=Second%20Quarter%202025%20Financial%20Highlights) For Q2 2025, Peakstone Realty Trust reported approximately $54.0 million in revenue and a significant net loss of $(286.8) million, primarily due to a $286.1 million non-cash impairment on office properties. Core FFO was $0.60 per share/unit, and AFFO was $0.61 per share/unit. Same Store Cash NOI increased by 6.3% year-over-year | Metric | Value (approx.) | | :----- | :-------------- | | Revenue | $54.0 million | | Net loss | $(286.8) million | | Net loss attributable to common shareholders | $(265.3) million | | Net loss per basic and diluted share | $(7.22) | | Core FFO per basic and diluted share/unit | $0.60 | | AFFO per basic and diluted share/unit | $0.61 | | Same Store Cash NOI | $35.6 million | | Same Store Cash NOI increase YoY | 6.3% | - The net loss was primarily driven by a **$286.1 million** non-cash impairment, largely attributable to **18 office properties**, due to shortened anticipated hold periods and estimated selling prices[3](index=3&type=chunk) [Portfolio Performance & Activity](index=2&type=section&id=Portfolio%20Performance%20%26%20Activity) This section details Peakstone's portfolio composition, including industrial and office assets, and summarizes recent acquisition, leasing, and disposition activities, particularly focusing on IOS expansion and office divestment [Portfolio Overview](index=2&type=section&id=Portfolio%20Overview) As of June 30, 2025, Peakstone's portfolio consisted of 94 properties, including 89 operating and 5 redevelopment properties, segmented into Industrial and Office. The Industrial segment, comprising 70 properties (46 IOS, 19 Traditional Industrial, 5 Redevelopment), showed strong occupancy. The Office segment had 24 operating properties with 98.6% occupancy | Segment | Number of Properties | Occupancy Percentage (rentable sq ft) | Occupancy Percentage (usable acres) | WALT (in years) | ABR ($ in thousands) | Percentage of ABR | | :-------------------- | :------------------- | :---------------------------------- | :-------------------------------- | :-------------- | :------------------- | :---------------- | | Industrial | 70 | 100.0 % | 99.6 % | 5.1 | $74,898 | 44.6% | | Operating | 65 | — | — | 5.1 | $74,898 | 44.6% | | IOS | 46 | — | 99.6 % | 4.4 | $24,453 | 14.6% | | Traditional Industrial | 19 | 100.0 % | — | 5.5 | $50,445 | 30.0% | | Redevelopment | 5 | — | — | — | — | —% | | Office | 24 | 98.6% | — | 6.3 | $93,098 | 55.4% | | Operating | 24 | 98.6% | — | 6.3 | $93,098 | 55.4% | | **Portfolio Total / Weighted-Average** | **94** | **99.5%** | **99.6 %** | **5.8** | **$167,996** | **100.0%** | [Acquisition Activity](index=2&type=section&id=Acquisition%20Activity) Subsequent to the second quarter, Peakstone Realty Trust acquired two IOS properties for a total of $52.4 million. These acquisitions include a 27.0-acre property in Smyrna, GA, and a 9.2-acre property in Port Charlotte, FL, both 100% leased with favorable WALT and annual rent escalations - Acquired **two IOS properties** for **$52.4 million** subsequent to quarter-end[9](index=9&type=chunk) - A **27.0 usable acre IOS property** in Smyrna, GA, acquired for **$42.0 million**, **100% leased** with a **5.0-year WALT** and **3.8% average annual rent escalations**[9](index=9&type=chunk) - A **9.2 usable acre IOS property** in Port Charlotte, FL, acquired for **$10.4 million**, **100% leased** with a **6.8-year WALT** and **3% average annual rent escalations**[9](index=9&type=chunk) [Leasing Activity](index=2&type=section&id=Leasing%20Activity) Subsequent to quarter-end, the Company secured a new 2.5-year, full-site lease for 7.5 usable acres at an IOS redevelopment property in Savannah, GA, which includes 4% annual rent escalations - Executed a new **2.5-year, full-site lease** for **7.5 usable acres** at an IOS redevelopment property in Savannah, GA, with **4% annual rent escalations**, subsequent to quarter-end[7](index=7&type=chunk) [Disposition Activity](index=2&type=section&id=Disposition%20Activity) Peakstone Realty Trust continued its office portfolio divestment, selling seven properties totaling 836,500 square feet for approximately $158 million during the quarter. An additional two properties were sold for approximately $24 million subsequent to quarter-end - Sold **seven office properties** totaling **836,500 square feet** for approximately **$158 million** during the quarter[10](index=10&type=chunk) - Sold **two additional office properties** totaling **178,700 square feet** for approximately **$24 million** subsequent to quarter-end[10](index=10&type=chunk) [Detailed Financial Results](index=3&type=section&id=Detailed%20Financial%20Results) This section provides a detailed breakdown of Peakstone's Q2 2025 financial performance, including revenue, net loss, Core FFO, AFFO, and Same Store Cash NOI, with comparisons to the prior year [Revenue](index=3&type=section&id=Revenue) Total revenue for the second quarter of 2025 was approximately $54.0 million, a decrease from $56.0 million reported in the same quarter last year | Metric | Q2 2025 | Q2 2024 | | :----- | :------ | :------ | | Total Revenue | $54.0 million | $56.0 million | [Net Loss Attributable to Common Shareholders](index=3&type=section&id=Net%20Loss%20Attributable%20to%20Common%20Shareholders) The net loss attributable to common shareholders significantly widened to approximately $(265.3) million, or $(7.22) per basic and diluted share, in Q2 2025, compared to a net loss of $(3.8) million, or $(0.11) per share, in Q2 2024. This substantial increase was primarily due to a large non-cash impairment charge | Metric | Q2 2025 | Q2 2024 | | :----- | :------ | :------ | | Net loss attributable to common shareholders | $(265.3) million | $(3.8) million | | Net loss per basic and diluted share | $(7.22) | $(0.11) | [Core FFO and AFFO](index=3&type=section&id=Core%20FFO%20and%20AFFO) Core FFO for Q2 2025 was $23.8 million, or $0.60 per basic and diluted share/unit, down from $25.6 million, or $0.65 per share/unit, in Q2 2024. AFFO also decreased to $24.3 million, or $0.61 per share/unit, from $27.6 million, or $0.70 per share/unit, in the prior year's quarter | Metric | Q2 2025 | Q2 2024 | | :----- | :------ | :------ | | Core FFO | $23.8 million | $25.6 million | | Core FFO per basic and diluted share/unit | $0.60 | $0.65 | | AFFO | $24.3 million | $27.6 million | | AFFO per basic and diluted share/unit | $0.61 | $0.70 | [Same Store Cash NOI](index=3&type=section&id=Same%20Store%20Cash%20NOI) Same Store Cash NOI increased by 6.3% to approximately $35.6 million in Q2 2025, up from $33.5 million in the same quarter last year. The Industrial segment contributed significantly with a 9.3% increase, while the Office segment saw a 4.7% rise | Segment | Q2 2025 (USD in Thousands) | % Change vs Q2 2024 | | :-------------------- | :------------------------- | :------------------ | | Industrial | $12,549 | 9.3% | | Office | $23,079 | 4.7% | | **Total / Weighted-Average** | **$35,628** | **6.3%** | [Financial Position & Capital Management](index=3&type=section&id=Financial%20Position%20%26%20Capital%20Management) This section outlines Peakstone's balance sheet metrics, including debt, liquidity, and leverage, and details dividend declarations for Q2 and Q3 2025, reflecting the company's capital management strategy [Balance Sheet Metrics](index=3&type=section&id=Balance%20Sheet%20Metrics) As of June 30, 2025, Peakstone Realty Trust reported total debt of $1,260.3 million and net debt of $995.9 million. The company maintained total liquidity of $355.8 million and a net debt to Adjusted EBITDAre ratio of 6.4x, reflecting an improvement from the prior quarter | Metric ($ in millions, unless otherwise noted) | As of June 30, 2025 | | :------------------------------------ | :------------------ | | Total Debt | $1,260.3 | | Cash and Cash Equivalents | $264.4 | | Net Debt | $995.9 | | Available Revolver Capacity | $91.4 | | Total Liquidity | $355.8 | | Weighted Average Debt Maturity | 3.0 years | | Fixed Rate Debt, including Swaps (%) | 88% | | Total Wtd. Avg. Effective Interest Rate (including Swaps) | 4.38% | | Net Debt to Adjusted EBITDAre | 6.4x | - Leverage improved to **6.6x**, down from **7.0x** at the end of the first quarter[2](index=2&type=chunk) [Dividends](index=4&type=section&id=Dividends) The company paid a dividend of $0.225 per common share for Q2 2025 on July 17, 2025. The Board of Trustees approved a Q3 2025 dividend of $0.10 per common share, payable on October 17, 2025, aligning with the anticipated cash flow profile of the industrial segment | Dividend Quarter | Amount per Common Share | Record Date | Payment Date | | :--------------- | :---------------------- | :---------- | :----------- | | Q2 2025 | $0.225 | June 30, 2025 | July 17, 2025 | | Q3 2025 | $0.10 | September 30, 2025 | October 17, 2025 | - The Board of Trustees has set the dividend to a level that aligns with the anticipated cash flow profile of the industrial segment, establishing a foundation as the company continues to scale IOS[2](index=2&type=chunk) [Consolidated Financial Statements](index=7&type=section&id=Consolidated%20Financial%20Statements) This section presents the company's consolidated balance sheets and statements of operations, offering a comprehensive view of its financial position and performance for the reported periods [Consolidated Balance Sheets](index=7&type=section&id=Consolidated%20Balance%20Sheets) The consolidated balance sheets provide a detailed snapshot of the company's financial position as of June 30, 2025, and December 31, 2024, showing total assets, liabilities, and equity. Total assets decreased from $2,676.2 million at year-end 2024 to $2,190.6 million at Q2 2025 | Metric (in thousands) | June 30, 2025 | December 31, 2024 | | :-------------------- | :------------ | :---------------- | | Total assets | $2,190,570 | $2,676,232 | | Total liabilities | $1,414,333 | $1,524,210 | | Total equity | $776,237 | $1,152,022 | [Consolidated Statements of Operations](index=8&type=section&id=Consolidated%20Statements%20of%20Operations) The consolidated statements of operations detail the company's financial performance for the three and six months ended June 30, 2025, and 2024. It highlights a significant increase in net loss attributable to common shareholders in Q2 2025, primarily due to a substantial real estate impairment provision | Metric (in thousands) | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | | :-------------------- | :------------------------------- | :------------------------------- | | Rental income | $54,026 | $55,952 | | Total expenses | $326,720 | $49,318 | | Net (loss) income | $(286,760) | $(4,101) | | Net (loss) income attributable to common shareholders | $(265,300) | $(3,768) | | Net (loss) income per share, basic and diluted | $(7.22) | $(0.11) | - Real estate impairment provision increased significantly to **$286,126 thousand** in Q2 2025 from **$6,505 thousand** in Q2 2024[32](index=32&type=chunk) [Non-GAAP Financial Measures & Reconciliations](index=9&type=section&id=Non-GAAP%20Financial%20Measures%20%26%20Reconciliations) This section defines and reconciles key non-GAAP financial measures, including FFO, Core FFO, AFFO, NOI, Cash NOI, Same Store Cash NOI, EBITDA, EBITDAre, and Adjusted EBITDAre, providing alternative perspectives on the company's operational and financial performance [Funds from Operations (FFO, Core FFO, AFFO)](index=9&type=section&id=Funds%20from%20Operations%20(FFO%2C%20Core%20FFO%2C%20AFFO)) FFO, Core FFO, and AFFO are non-GAAP measures used to supplement GAAP net earnings, providing insights into operating performance by excluding certain non-cash items and real estate-specific adjustments. For Q2 2025, FFO was $23.9 million, Core FFO was $23.8 million, and AFFO was $24.3 million, all showing a decrease compared to Q2 2024 - **FFO** is defined by NAREIT as GAAP net income or loss, excluding gains/losses from sales of depreciable real estate assets, impairment losses, and real estate-related depreciation and amortization[35](index=35&type=chunk) - **Core FFO** adjusts FFO to exclude items like goodwill impairment, debt extinguishment gains/losses, unrealized derivative gains/losses, and transaction costs, to better reflect core business operations[36](index=36&type=chunk) - **AFFO** further adjusts Core FFO for non-cash items such as straight-line rent, share-based compensation amortization, and deferred rent, to provide a useful supplemental measure of operating performance[37](index=37&type=chunk) | Metric | Q2 2025 (in thousands) | Q2 2024 (in thousands) | | :----- | :--------------------- | :--------------------- | | FFO | $23,898 | $25,556 | | Core FFO | $23,832 | $25,637 | | AFFO | $24,271 | $27,563 | | FFO per share/unit | $0.60 | $0.65 | | Core FFO per share/unit | $0.60 | $0.65 | | AFFO per share/unit | $0.61 | $0.70 | [Net Operating Income (NOI, Cash NOI, Same Store Cash NOI)](index=11&type=section&id=Net%20Operating%20Income%20(NOI%2C%20Cash%20NOI%2C%20Same%20Store%20Cash%20NOI)) NOI, Cash NOI, and Same Store Cash NOI are non-GAAP measures used to assess property-level operating performance, excluding corporate and financing costs. For Q2 2025, Total NOI was $45.4 million, Total Cash NOI was $43.2 million, and Total Same Store Cash NOI increased by 6.3% to $35.6 million - **NOI** is a non-GAAP measure calculated as net income or loss, excluding general and administrative expenses, interest expense, depreciation and amortization, impairment of real estate, and gains/losses on sales of real estate[39](index=39&type=chunk) - **Cash NOI** adjusts NOI by excluding the effect of straight-line rent and amortization of acquired above- and below-market lease intangibles[39](index=39&type=chunk) - **Same Store Cash NOI** applies Cash NOI to properties held for the entirety of all periods presented, adjusted for lease termination fees, to measure actual cash basis rental growth[39](index=39&type=chunk) | Metric | Q2 2025 (in thousands) | Q2 2024 (in thousands) | | :----- | :--------------------- | :--------------------- | | Total NOI | $45,392 | $45,422 | | Total Cash NOI | $43,196 | $44,002 | | Total Same Store Cash NOI | $35,628 | $33,522 | [EBITDA, EBITDAre, and Adjusted EBITDAre](index=13&type=section&id=EBITDA%2C%20EBITDAre%2C%20and%20Adjusted%20EBITDAre) EBITDA, EBITDAre, and Adjusted EBITDAre are non-GAAP financial measures used to evaluate the company's business performance by excluding certain non-operating and non-cash items. For Q2 2025, EBITDA was $(248.3) million, EBITDAre was $38.9 million, and Adjusted EBITDAre was $38.8 million - **EBITDA** is defined as earnings before interest, tax, depreciation and amortization[47](index=47&type=chunk) - **EBITDAre**, as defined by NAREIT, adjusts GAAP net income/loss by adding back interest expense, income tax expense, depreciation and amortization, and accounting for gains/losses on property dispositions and impairment write-downs[48](index=48&type=chunk) - **Adjusted EBITDAre** further modifies EBITDAre to exclude acquisition-related expenses, employee separation expenses, stock-based compensation, and other non-portfolio performance indicators, including adjustments for full-period NOI on acquired/disposed properties[49](index=49&type=chunk) | Metric | Q2 2025 (in thousands) | | :----- | :--------------------- | | Net loss | $(286,760) | | EBITDA | $(248,255) | | EBITDAre | $38,937 | | Adjusted EBITDAre | $38,799 | [Appendix & Other Information](index=4&type=section&id=Appendix%20%26%20Other%20Information) This section includes supplementary information such as details for the earnings webcast, an overview of Peakstone Realty Trust, cautionary statements regarding forward-looking statements, a notice on non-GAAP financial measures, and key definitions [Earnings Webcast](index=4&type=section&id=Earnings%20Webcast) Peakstone Realty Trust will host a webcast on Thursday, August 7, 2025, at 5:00 p.m. Eastern Time to present its second quarter 2025 results. Details for accessing the live webcast and replay are provided - The Company will host a webcast to present the second quarter 2025 results on **Thursday, August 7, 2025 at 5:00 p.m. Eastern Time**[19](index=19&type=chunk) - Access details: https://investors.pkst.com/investors/events-and-presentations/events/event-details/2025/Second-Quarter-2025-Earnings-Call/default.aspx or via phone at **1-877-407-9716 (domestic)** / **1-201-493-6779 (international)**[19](index=19&type=chunk) [About Peakstone Realty Trust](index=4&type=section&id=About%20Peakstone%20Realty%20Trust) Peakstone Realty Trust (NYSE: PKST) is a real estate investment trust focused on a strategic transition to an industrial REIT, specifically targeting growth in the industrial outdoor storage (IOS) sector. This strategy involves divesting office assets and expanding its IOS platform to drive long-term value creation - Peakstone Realty Trust (NYSE: PKST) is a REIT executing a strategic transition to an **industrial REIT**, targeting growth in the **industrial outdoor storage ("IOS") sector**[20](index=20&type=chunk) - The company is actively reshaping its portfolio by divesting office assets and growing its IOS platform to drive long-term value creation[20](index=20&type=chunk) [Cautionary Statement Regarding Forward-Looking Statements](index=5&type=section&id=Cautionary%20Statement%20Regarding%20Forward-Looking%20Statements) This section highlights that the document contains forward-looking statements, which are subject to numerous known and unknown risks, uncertainties, and changes in circumstances. These factors could cause actual results to differ materially from projections, and investors are advised not to place undue reliance on these statements - The document contains forward-looking statements covered by safe harbor provisions, relating to expectations, beliefs, projections, future plans, and strategies[23](index=23&type=chunk) - Forward-looking statements are subject to numerous known and unknown risks, uncertainties, assumptions, and changes in circumstances that may cause actual results to differ significantly[24](index=24&type=chunk) - Investors are cautioned not to place undue reliance on any forward-looking statements, which are based only on information currently available[26](index=26&type=chunk) [Notice Regarding Non-GAAP Financial Measures](index=6&type=section&id=Notice%20Regarding%20Non-GAAP%20Financial%20Measures) This notice clarifies that the document includes non-GAAP financial measures, which are presented as supplemental information and are not intended to be substitutes for or superior to GAAP measures. Reconciliations to the most directly comparable GAAP financial measures are provided - This document contains and may refer to certain non-GAAP financial measures in addition to U.S. GAAP financial measures[27](index=27&type=chunk) - These non-GAAP measures are not substitutes for or superior to measures of financial performance prepared in accordance with GAAP[27](index=27&type=chunk) - Reconciliations to the most directly comparable GAAP financial measures are included where applicable[27](index=27&type=chunk) [Appendix: Key Definitions](index=15&type=section&id=Appendix%3A%20Key%20Definitions) This appendix provides definitions for key operational and financial terms used throughout the report, including Annualized Base Rent (ABR), Net Debt, Occupancy, and Weighted Average Lease Term (WALT) - **"Annualized Base Rent"** or **"ABR"** is the monthly contractual base rent for commenced leases, excluding abatements, multiplied by 12 months, deducting base year operating expenses for gross and modified leases[51](index=51&type=chunk) - **"Net Debt"** is total debt (excluding deferred financing costs and debt premiums/discounts) less cash and cash equivalents (excluding restricted cash)[52](index=52&type=chunk) - **"WALT"** is the weighted average lease term in years (excluding unexercised renewal options and early termination rights) based on Annualized Base Rent[53](index=53&type=chunk)

Group 1: Company Performance - Axos Financial (AX) has returned 21.3% year-to-date, outperforming the average gain of 11.2% in the Finance sector [4] - The Zacks Consensus Estimate for Axos Financial's full-year earnings has increased by 5.8% over the past 90 days, indicating improved analyst sentiment [4] - Axos Financial belongs to the Financial - Miscellaneous Services industry, which has gained about 8.2% this year, showing that AX is performing better than its industry peers [6] Group 2: Industry Context - The Finance sector, which includes 869 individual stocks, is currently ranked 2 in the Zacks Sector Rank [2] - The Financial - Miscellaneous Services industry, where Axos Financial operates, is ranked 93 out of 16 groups in the Zacks Industry Rank [6] - Peakstone Realty Trust (PKST), another Finance stock, has returned 24.6% year-to-date and has a Zacks Rank of 1 (Strong Buy) [5]

Core Viewpoint - Peakstone Realty Trust (PKST) is showing strong technical indicators for a potential bullish breakout, highlighted by a recent "golden cross" in its moving averages [1][3]. Technical Analysis - PKST's 50-day simple moving average has recently crossed above its 200-day moving average, indicating a bullish trend [1]. - The golden cross is a significant technical chart pattern that suggests a strong breakout potential, particularly when involving longer time periods like the 50-day and 200-day moving averages [1][2]. - The stock has moved 8.1% higher over the last four weeks, suggesting upward momentum [3]. Earnings Outlook - PKST is currently rated as a 1 (Strong Buy) on the Zacks Rank, indicating positive market sentiment [3]. - The earnings outlook for PKST is favorable, with no downward revisions in earnings estimates over the past two months and one upward revision, leading to an increase in the Zacks Consensus Estimate [3]. Investment Consideration - Given the technical indicators and positive earnings estimate revisions, PKST may present a good investment opportunity for potential gains in the near future [5].

Group 1 - Peakstone Realty Trust (PKST) is currently outperforming its peers in the Finance sector, with a year-to-date gain of approximately 20.6% compared to the sector average of 7.2% [4] - The Zacks Rank for Peakstone Realty Trust is 1 (Strong Buy), indicating a positive earnings outlook and strong analyst sentiment [3] - Over the past 90 days, the Zacks Consensus Estimate for PKST's full-year earnings has increased by 16.2%, reflecting improving analyst sentiment [4] Group 2 - Peakstone Realty Trust is part of the REIT and Equity Trust - Other industry, which has 96 individual stocks and is currently ranked 142 in the Zacks Industry Rank [6] - The average gain for stocks in the REIT and Equity Trust - Other industry this year is 4.8%, indicating that PKST is performing better than its industry peers [6] - Another stock in the Finance sector, Banco Bilbao (BBVA), has a year-to-date return of 57.6% and a Zacks Rank of 2 (Buy), showing strong performance within the sector [5]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Peakstone Realty Trust (PKST) - PKST currently holds a Momentum Style Score of B, indicating potential for solid momentum [3] - The company has a Zacks Rank of 1 (Strong Buy), which historically outperforms the market when combined with a Style Score of A or B [4] Performance Metrics - Over the past week, PKST shares increased by 3.5%, while the Zacks REIT and Equity Trust - Other industry rose by only 0.19% [6] - In a longer timeframe, PKST's monthly price change is 11.19%, significantly outperforming the industry's 3.99% [6] - Over the last quarter, PKST shares rose by 6.82%, and over the past year, they increased by 22.54%, compared to the S&P 500's gains of 5.61% and 10.35%, respectively [7] Trading Volume - PKST's average 20-day trading volume is 142,862 shares, which serves as a baseline for price-to-volume analysis [8] Earnings Outlook - Recent earnings estimate revisions for PKST show one upward revision in the past two months, raising the consensus estimate from $2.18 to $2.50 [10] - For the next fiscal year, there has been one upward revision with no downward revisions during the same period [10] Conclusion - Considering the performance metrics and earnings outlook, PKST is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a promising near-term investment option [12]

Core Viewpoint - Peakstone Realty Trust (PKST) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the correlation between changes in earnings estimates and stock price movements, particularly influenced by institutional investors [4][6]. - For Peakstone Realty Trust, the increase in earnings estimates suggests an improvement in the company's underlying business, likely leading to higher stock prices [5][10]. Earnings Estimate Revisions - Analysts have raised their earnings estimates for Peakstone Realty Trust, with the Zacks Consensus Estimate increasing by 7.5% over the past three months [8]. - The company is projected to earn $2.50 per share for the fiscal year ending December 2025, reflecting a year-over-year decline of 7.1% [8]. Zacks Rank System - The Zacks Rank system classifies stocks based on earnings estimate revisions, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of Peakstone Realty Trust places it in the top 5% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [10].

Group 1 - Dycom Industries, Inc. (DY) is a company providing specialty contracting services to the telecommunications sector, holding a Zacks Rank 1 with a 3.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Dycom's shares have gained 77.8% over the last three months, significantly outperforming the S&P 500's advance of 6.9%, and the company has a Momentum Score of A [1] Group 2 - Peakstone Realty Trust (PKST) is a real estate investment trust with a Zacks Rank 1, experiencing a 14.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Peakstone Realty's shares have gained 8.6% over the last three months, also outperforming the S&P 500's advance of 6.9%, and the company possesses a Momentum Score of A [4] - Postal Realty shares gained 2.8% over the past six months, contrasting with the S&P 500's decline of 0.5%, and the company has a Momentum Score of B [4]

Group 1 - Banco Bilbao (BBVA) has returned approximately 55.9% year-to-date, significantly outperforming the average return of 6.9% for Finance companies [4] - The Zacks Rank for Banco Bilbao is currently 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - The consensus estimate for BBVA's full-year earnings has increased by 4% over the past quarter, reflecting improving analyst sentiment [3] Group 2 - Banco Bilbao is part of the Banks - Foreign industry, which ranks 19 in the Zacks Industry Rank, with stocks in this group gaining about 24% year-to-date [5] - In comparison, Peakstone Realty Trust (PKST), another outperforming Finance stock, has increased by 16.5% year-to-date and has a Zacks Rank of 1 (Strong Buy) [4][5] - The REIT and Equity Trust - Other industry, to which Peakstone Realty Trust belongs, is ranked 88 and has moved up by 3.6% this year [6]

Learn more about the Value score and how it is calculated here. See the full list of top ranked stocks here. Here is a stock with buy rank and strong value characteristics for investors to consider today, June 9: Peakstone Realty Trust (PKST) : This real estate investment trust carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 14.7% over the last 60 days. Peakstone has a price-to-earnings ratio (P/E) of 5.16, compared with 12.00 for the industry. T ...

Group 1: Stock Recommendations - Swedbank AB (publ) (SWDBY) has seen a 9.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days and offers a dividend yield of 7.8%, significantly higher than the industry average of 3.7% [1] - Peakstone Realty Trust (PKST) has experienced a 14.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days, with a dividend yield of nearly 7%, compared to the industry average of nearly 5% [2] - Postal Realty Trust, Inc. (PSTL) has seen a 5.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] Group 2: Dividend Yields - The average dividend yield for Swedbank AB (publ) is 7.8%, while the industry average is 3.7% [1] - Peakstone Realty Trust has a dividend yield of nearly 7%, exceeding the industry average of nearly 5% [2] - Another company mentioned has a dividend yield of 6.8%, which is also above the industry average of nearly 5% [3]