Equity Commonwealth (EQC) Tops Q1 EPS by 3c

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Go back to Equity Commonwealth (EQC) Tops Q1 EPS by 3c

Equity Commonwealth Reports First Quarter 2022 Results

May 4, 2022 4:15 PM EDT

CHICAGO--(BUSINESS WIRE)-- Equity Commonwealth (NYSE: EQC) today reported financial results for the quarter ended March 31, 2022.

Financial results for the quarter ended March 31, 2022

Net loss attributable to common shareholders was $0.7 million, or $0.01 per diluted share, for the quarter ended March 31, 2022. This compares to net loss attributable to common shareholders of $12.0 million, or $0.10 per diluted share, for the quarter ended March 31, 2021. The decline in net loss was primarily due to a decrease in general and administrative expense due to lower severance, the collection of a previously reserved receivable... More