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City Office Reit Inc   (CIO)
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EARNINGS REPORT by CSIMarket

Turn's into Profitability, Sales Down Slightly

City Office Reit Inc announced financial period ending Mar 31 2021 operating surplus of $8.182 millions

Company has managed to turn into profitability on declining sales, eps was at $1.07 in the financial period ending Mar 31 2021 but Sales declined by -1.51 % to $40 millions compare to previous year quarter.

From preceding quarter, EPS turn positive from $-0.03 per share and Sales decreased by -0.81 % from $40 millions.

Net income of $49.009 millions in the financial period ending Mar 31 2021 increased by 4771.67 % from net earnings of $1.006 millions reported in the financial period ending Mar 31 2021 a year ago. City Office Reit Inc also emphasized it's improving profit margins, where net margin rose to 124.02% in financial period ending Mar 31 2021, and operating margin edged up to 20.71%.


City Office Reit Inc is expected to report next financial results on February 24, 2022.


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Company has managed to turn into profitability on declining sales, eps was at $1.07 in the financial period ending Mar 31 2021 but Sales declined by -1.51 % to $40 millions compare to previous year quarter.

In the previous quarter company realized Sales of $9.07 millions and $0.29 per share.

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Durable Goods orders rebounded in March

U.S. Durable Goods orders grew again after dipping in the last month, shipments grew at the higher rate of 2.45 % to $257 billions.

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Simply Inc announced first quarter of 2021 operating deficit of $-2.241 millions

Simply Inc announced in the first quarter of 2021 surge in Sales by 29.23% to $18.02 millions from the same quarter a year ago, but it has posted a loss at $-0.14 per share.

Sequentially increased losses from $-0.02 per share and Sales deteriorated by -7.64% from $19.51 millions.

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Logged a Loss, Sales Faded

Declining demand caused increase in loss for the fiscal time frame ending Mar 31 2021, company's loss per share grew to $-0.10 from $-0.10 where Sales fell by -24.93% to $0.01 millions from $0.02 millions a year ago.

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Weconnect Tech International Inc announced second quarter of 2020 operating loss of $-0.008473 millions

Weconnect Tech International Inc announced operating deficit of $-0.008473 millions, in the second quarter of 2020, an advancement from the operating loss of $-0.083559 millions, recorded in the same quarter a year ago.


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Factory orders rebounded in March

U.S. Factory orders grew again after dipping in the last month, excluding defense, booking grew even faster 1.43 %. That category excludes defense and gives a better indication of longer-term trends in the private sector.

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Economy surges 6.4 % in the first-quarter

The U.S. Gross domestic product continued to grow at very solid pace during the January-through-March period,

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In April U.S. industrial production continue to grow

Output at U.S. producers continue to increase after recent decline, the report should dampen fears of a recession, as expension in manufacturing returns.

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Isun Inc announced financial period ending Mar 31 2021 operating deficit of $-2.600551 millions

In the financial period ending Mar 31 2021 Isun Inc increased losses of $-0.41 per share compared to $-0.08 a year ago and eps fell from $0.13 per share from the previous quarter.

Sales grew strongly by 82.21% to $7.26 millions from $3.98 millions in the same quarter a year ago and sequentially Sales fell by -22.19% from $9.33 millions.

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Motorcar Parts America Inc announced financial time frame ending Mar 31 2021 operating income of $5.47 millions

Motorcar Parts America Inc announced earnings per share of $0.04 and Sales of $122.57 millions in the financial time frame ending Mar 31 2021, Company's earnings turn positive per share, versus $-0.43 eps, earned in the same quarter a year ago, although Motorcar Parts America Inc saw its Sales rise by 11.54% in the same period.

From the preceding quarter, eps dropped by -90.41% from $0.44 per share and Sales surged by 37.17 % from $122.57 millions.
Motorcar Parts America Inc reported earnings of $21.48 millions and Sales of $540.78 millions for the fiscal year 2021.

Company reported earnings per share of $1.11 compared to $-0.39 in the previous fiscal year, while Sales increased by 0.92 % from $535.83 millions a year ago.

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First Real Estate Investment Trust Of New Jersey announced fiscal second quarter of 2021 operating profit of $3.086 millions

In the fiscal second quarter of 2021 First Real Estate Investment Trust Of New Jersey reached break-even of $0.00 per share compared to $3.88 a year ago and from $0.08 per share from the previous quarter.

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Company Fail to Break-even Despite Surge in Sales

India Globalization Capital Inc announced very strong Sales growth of 179.31% year on year to $0.08 millions in the fourth quarter of 2021, but lost money at $-0.07.

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Zanite Acquisition Corp announced financial time frame ending Dec 31 2020 operating profit of $0.001 millions

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Losses Widen but Revenues Unchanged

In the fiscal first quarter of 2021 Boston Therapeutics Inc increased losses of $-0.02 per share compared to $0.00 a year ago and from $-0.00 per share from the previous quarter.

Sales remained unchanged to $0.00 millions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.

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Other CIO's Earnings Reports

City Office Reit Inc reported fourth quarter 2020 earnings

City Office Reit Inc reported third quarter 2020 earnings

City Office Reit Inc reported second quarter 2020 earnings

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