Company Issues Eps Guidance

WEB City Office REIT Updates 2024 Earnings Guidance

Company Issues EPS Guidance

WEB City Office REIT (NYSE:CIO) announced an update to its FY 2024 earnings guidance on Thursday.

Key Highlights

The company provided EPS guidance of $2.05 to $2.15.

WEB City Office REIT also reported its financial results for the second quarter of 2024.

Rental and other revenues were $423 million, and GAAP net loss attributable to common stockholders was $21 million.