Raises Full-Year 2024 Guidance | --- | --- | --- | --- | --- | |-------------------------------------|---------|---------------------------------------|---------|--------------------------------------| | | 2024 | Three Months Ended September 30, 2023 | 2024 | Nine Months Ended September 30, 2023 | | Net Income (Loss) per Diluted Share | $(0.10) | $(0.60) | $(0.12) | $(1.16) | | Core FFO per Diluted Share | $0.17 | $0.12 | $0.49 | $0.42 | | Core AFFO per Diluted Share | $0.19 | $0.15 | $0.58 | $0.48 | | Divi ...

JERSEY CITY, N.J., Oct. 10, 2024 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE: VRE), a forward-thinking, environmentally and socially conscious REIT that primarily owns, operates, acquires and develops Class A multifamily properties, today announces that it will host its third quarter 2024 financial results webcast and conference call on Thursday, October 31, 2024, at 8:30 a.m., eastern. The Company will release its results after the close of market on Wednesday, Octo ...

JERSEY CITY, N.J., Aug. 5, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking, environmentally and socially conscious REIT that primarily owns, operates, acquires and develops Class A multifamily properties, today announced that the Company's Board of Directors has declared a cash dividend on its common stock for the third quarter 2024 in the amount of $0.07 for the period ending September 30, 2024, representing an increase of 7% from the prio ...

I H u H H E H I 4 117 I I th H I I T H I F H t H L H 1 P I H Like any company, REITs evolve over time. Some of the oldest and most established REITs have changed the most, reshaping themselves as the times change. These changes can include new management teams, new mission statements, or new investment focuses. By and large, change is for the better, bringing forth new opportunities and growth. For example, we recently published an article celebrating my tenth year as a shareholder of Realty Income (O), the ...

Veris Residential, Inc. (NYSE:VRE) Q2 2024 Earnings Conference Call July 25, 2024 8:30 AM ET Company Participants Taryn Fielder - General Counsel & Secretary Mahbod Nia - Chief Executive Officer Amanda Lombard - Chief Financial Officer Conference Call Participants Steven Song - Bank of America Eric Wolfe - Citi Tom Catherwood - BTIG David Segall - Green Street Michael Lewis - Truist Securities Operator Greetings and welcome to the Veris Residential Inc. Second Quarter 2024 Earnings Conference Call. At this ...

Veris Residential (VRE) came out with quarterly funds from operations (FFO) of $0.18 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to FFO of $0.16 per share a year ago. These figures are adjusted for non-recurring items. Veris, which belongs to the Zacks REIT and Equity Trust - Residential industry, posted revenues of $67.48 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 0.38%. This compares to year-ago revenues of $68.73 million. The com ...

Earnings Release and Supplemental Q2 2024 Table Of Contents 3 Earnings Release Key Financial Data 7 Consolidated Balance Sheet 8 Consolidated Statement of Operations 9 FFO, Core FFO and Core AFFO 10 Adjusted EBITDA and EBITDAre 11 Components of Net Asset Value Operating Portfolio 12 Multifamily Operating Portfolio 13 Commercial Assets and Developable Land 14 Same Store Market Information 15 Same Store Performance Debt 16 Debt Profile 17 Debt Summary and Maturity Schedule Reconciliations and Additional Detai ...

| --- | --- | --- | |--------------------------------------------|-------|----------| | July 1 through December 31, 2024 | $ | 636 | | 2025 | | 1,279 | | 2026 | | 1,279 | | 2027 | | 1,280 | | 2028 | | 494 | | 2029 through 2101 | | 31,447 | | Total lease payments | | 36,415 | | Less: imputed interest | | (29,461) | | | | | | | | | 29 OTHER On April 5, 2023, Veris Residential Trust ("VRT"), the Company's subsidiary through which the Company conducts its multifamily residential real estate operations, exercise ...

JERSEY CITY, N.J., July 24, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, environmentally and socially conscious multifamily REIT, today reported results for the second quarter 2024. The following table shows Same Store performance as well as the benefit of successful real estate tax appeals recognized in the second quarter of last year. $47,458 3.1 % $98,341 $91,178 7.9 % As previously announced, the Company closed on the sale of 107 Morgan for $54 million, r ...

JERSEY CITY, N.J., July 8, 2024 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE: VRE), a forward-thinking, environmentally and socially conscious REIT that primarily owns, operates, acquires and develops Class A multifamily properties, today announces that it will host its second quarter 2024 financial results webcast and conference call on Thursday, July 25, 2024, at 8:30 a.m., eastern. The Company will release its results after the close of market on Wednesday, July 24 ...