Zacks: Brokerages Expect Invesco Dynamic Credit Opportunities Fund (NYSE:DHC) to Announce $0.30 Earnings Per Share

Wall Street brokerages predict that Invesco Dynamic Credit Opportunities Fund (NYSE:DHC) will post $0.30 earnings per share for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Invesco Dynamic Credit Opportunities Fund’s earnings, with the highest EPS estimate coming in at $0.32 and the lowest estimate coming in at $0.28. Invesco Dynamic Credit Opportunities Fund posted earnings of $0.27 per share in the same quarter last year, which indicates a positive year over year growth rate of 11.1%. The firm is expected to announce its next earnings report before the market opens on Monday, March 2nd.

On average, analysts expect that Invesco Dynamic Credit Opportunities Fund will report full year earnings of $1.31 per share for the current fiscal year, with EPS estimates ranging from $1.29 to $1.33. For the next year, analysts anticipate that the company will report earnings of $1.13 per share, with EPS estimates ranging from $1.09 to $1.19. Zacks’ EPS calculations are an average based on a survey of research firms that that provide coverage for Invesco Dynamic Credit Opportunities Fund.

DHC has been the topic of a number of recent research reports. Raymond James upgraded shares of Invesco Dynamic Credit Opportunities Fund from an “underperform” rating to a “market perform” rating in a research report on Tuesday, January 7th. Zacks Investment Research upgraded shares of Invesco Dynamic Credit Opportunities Fund from a “sell” rating to a “hold” rating in a research report on Wednesday, January 8th.

Shares of Invesco Dynamic Credit Opportunities Fund stock traded down $0.29 during trading hours on Friday, reaching $7.23. The company’s stock had a trading volume of 2,484,600 shares, compared to its average volume of 1,309,113. The business’s 50 day moving average price is $7.96. Invesco Dynamic Credit Opportunities Fund has a one year low of $7.05 and a one year high of $13.35.

Invesco Dynamic Credit Opportunities Fund Company Profile

Diversified Healthcare Trust (Nasdaq: DHC) is a healthcare Real Estate Investment Trust, or REIT, which owns office buildings leased to medical providers, medical related businesses, clinics and biotech laboratory tenants; senior living communities; as well as wellness centers.

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