Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
Franklin Street Properties Corp. (FSP)
AMEXReal EstateReit - OfficeSnapshot 2026-11-04
$0.43-3.16%
Close 2026-11-05 · 1-day change
AMEXReal EstateReit - OfficeSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
Matching fiscal periods, usable estimates and at least one analyst are required.
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
The calculation requires same-period, same-provider snapshots, positive EPS, at least one analyst and a baseline within three days of the requested lookback.
The EPS and P/E reference is not available for FSP yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Maintain dividend at $0.01 per share | Franklin Street Properties keeps paying a dividend of $0.01 per share despite losses. | Intact | dividend falls below $0.01 per share | Dividend per share: $0.01 per share FY2026-Q1; GAAP. Published target: >= $0.01 dividend per share. Target period is not explicitly aligned with this observation. Apr 28, 20260.01 USD/share · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Next earnings date unavailable
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This is a speculative real estate turnaround, not a steady earnings compounder: the company is loss-making, recent financial performance is weak, and risk is high. The thesis is in watch status, with management executing some asset sales but the broader strategic review still unresolved.
FSP is tagged as cheap versus peers, while the expectations gap is negative and priced-in fragility is low. The valuation signal is not a clear endorsement of the business: the evidence also shows ongoing losses and weak results, and gives limited detail on what expectations the market assumes.
Near term, the latest earnings beat and lower general and administrative expenses are positives, but revenue fell from $27.3 million in 2025-Q3 to $24.9 million in 2026-Q3. Leasing remains a central multi-year challenge: 66.2% of the portfolio was leased at September 2026, down from 68.9% at year-end 2025, despite 226,000 square feet leased during the first nine months.
The multi-year thesis hinges on whether asset and subportfolio sales produce meaningful progress on management’s strategic alternatives, and whether leasing and occupancy stabilize. Near-term, further earnings beats could support estimate increases, while weaker results from major real estate peers or a loss of sector support could weigh on the setup; the next-print miss risk is flagged for monitoring.
Over the next one to three years, FSP remains a high-risk turnaround thesis with concrete but incomplete asset-sale execution, offset by falling occupancy, declining revenue, and a loss-making business. The latest beat is encouraging, but it does not yet resolve the central operating and strategic questions. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| The company aims to reduce operating losses from -$9.47M in 2026-Q1. |
| Broken |
| operating income falls below -$9.47M |
Operating income: $-459,000 FY2026-Q3; GAAP. Published target: >= -$7.79M operating income (improve from -$9.47M). Target period is not explicitly aligned with this observation. Oct 27, 2026-459,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stabilize cash from operating activities near zero or positive | Stabilizing cash flow is a focus after cash from operations fell to -$5.15M in 2026-Q1. | Broken | operating cash flow remains below zero | Cash from operations: $6.838M FY2026-Q3; GAAP. Published target: >= $0 cash from operating activities. Target period is not explicitly aligned with this observation. Oct 27, 20266,838,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$-0.31 → $-0.31 · observed estimates
$0.10B → $0.10B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-07-25 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-07-26 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-07-27 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-07-28 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-07-29 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-07-30 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-07-31 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-01 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-02 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-03 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-04 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-05 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-06 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-07 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-08 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-09 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-10 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-11 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-12 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-13 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-14 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-15 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-16 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-17 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-18 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-19 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-20 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-21 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-22 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-23 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-24 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-25 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-26 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-27 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-28 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-29 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-30 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-08-31 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-01 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-02 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-03 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-04 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-05 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-06 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-07 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-08 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-09 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-10 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-11 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-12 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-13 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-14 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-15 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-16 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-17 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-18 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-19 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-20 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-21 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-22 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-23 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-24 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-25 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-26 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-27 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-28 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-29 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-09-30 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-01 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-02 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-03 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-04 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-05 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-06 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-07 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-08 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-09 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-10 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-11 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-12 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-13 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-14 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-15 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-16 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-17 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-18 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-19 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-20 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-21 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-22 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-23 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-24 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-25 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-26 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-27 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-28 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-29 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-30 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-10-31 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-11-01 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-11-02 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-11-03 | $-0.31 | $97,057,739 | 1 / 1 |
| 2026-11-04 | $-0.31 | $97,057,739 | 1 / 1 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Monthly analyst history is unavailable.
Recent actions · Oct 6–Nov 4 · 0 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.