Centerspace (NYSE:CSR) Q1 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Company Participants Josh Klaetsch - Investor Relations Anne Olson - President and Chief Executive Officer Bhairav Patel - Executive Vice President and Chief Financial Officer Grant Campbell - Senior Vice President, Investments Conference Call Participants Brad Heffern - RBC John Kim - BMO Capital Markets Rob Stevenson - Janney Connor Mitchell - Piper Sandler Michael Gorman - BTIG Operator Welcome to the Centerspace Q1 2024 E ...

Centerspace (CSR) came out with quarterly funds from operations (FFO) of $1.23 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to FFO of $1.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 9.82%. A quarter ago, it was expected that this real estate investment trust would post FFO of $1.11 per share when it actually produced FFO of $1.22, delivering a surprise of 9.91%.Over the last four quarters, ...

Centerspace Reports First Quarter 2024 Financial Results and Raises Mid-Point for 2024 Core FFO per Share Guidance MINNEAPOLIS, MN, April 29, 2024 – Centerspace (NYSE: CSR) announced today its financial and operating results for the three months ended March 31, 2024. The tables below show Net Income (Loss), Funds from Operations ("FFO") , and Core FFO , all on a per diluted share basis, for the three months ended March 31, 2024; Same-Store Revenues, Expenses, and Net Operating Income ("NOI") over comparable ...

Form 10-Q For the quarterly period ended March 31, 2024 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-35624 | --- | |--------------------------------------| | | | 45-0311232 | | (I.R.S. Employer Identification No.) | | | | 58702-1988 | | (Zip code) | (Registrant's telephone number, including area code) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities ...

MINNEAPOLIS, April 29, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the three months ended March 31, 2024. The tables below show Net Income (Loss), Funds from Operations ("FFO")1, and Core FFO1, all on a per diluted share basis, for the three months ended March 31, 2024; Same-Store Revenues, Expenses, and Net Operating Income ("NOI")1 over comparable periods; and Same-Store Weighted-Average Occupancy for each of the three months ended March 31, 2024, D ...

Even if price pressures have declined from their peak in 2022, they continue to hover above the pandemic mark. Federal Reserve Chair Jerome Powell recently acknowledged that prices of essential commodities remain elevated, indicating that more time is required to trim interest rates.A healthy labor market and a persistent uptick in consumer outlays pushed consumer prices higher in March. Last month, the consumer price index (CPI) advanced 0.4% in sequence and registered an increase of 3.5% year over year, i ...

Investors interested in REIT and Equity Trust - Residential stocks are likely familiar with Centerspace (CSR) and Essex Property Trust (ESS) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings est ...

MINNEAPOLIS, April 8, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) will release its operating results for the quarter ended March 31, 2024, after the market closes on Monday, April 29, 2024. Management will host a conference call to discuss those results on the following day, Tuesday, April 30, 2024, at 10:00 a.m. Eastern Time. Interested parties may access the conference call via the following: Live Conference Call Details Live webcast: https://events.q4inc.com/attendee/595040516United States (Local): +1 4 ...

The REIT And Equity Trust - Residential Industry constituents are expected to bear the brunt of elevated deliveries, which is likely to weigh on rent growth. A high interest rate environment to counter inflation poses a risk to the flow of capital for this asset category. Also, interest expenses are expected to remain elevated. Regulatory issues are expected to add to the woes.Nevertheless, Invitation Homes Inc. (INVH) , UMH Properties, Inc. (UMH) and Centerspace (CSR) are expected to benefit despite high s ...

Centerspace (CSR) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The power ...