For the quarter ended September 2024, Veris Residential (VRE) reported revenue of $68.18 million, down 4.6% over the same period last year. EPS came in at $0.17, compared to -$0.61 in the year-ago quarter. The reported revenue represents a surprise of -0.10% over the Zacks Consensus Estimate of $68.24 million. With the consensus EPS estimate being $0.12, the EPS surprise was +41.67%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...

Veris Residential (VRE) came out with quarterly funds from operations (FFO) of $0.17 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to FFO of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 41.67%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.13 per share when it actually produced FFO of $0.18, delivering a surprise of 38.46%.Over the last four q ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-13274 Veris Residential, Inc. Commission File Number: 333-57103 Veris Residential, L.P. VERIS RESIDENTIAL, INC. ...

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 ...

Table Of Contents JERSEY CITY, N.J., July 24, 2024 –– Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, environmentally and socially conscious multifamily REIT, today reported results for the second quarter 2024. | | Three Months Ended June 30, | | Six Months Ended June 30, | | | --- | --- | --- | --- | --- | | | 2024 | 2023 | 2024 | 2023 | | Net Income (Loss) per Diluted Share | $0.03 | $(0.30) | $(0.01) | $(0.56) | | Core FFO per Diluted Share | $0.18 | $0.16 | $0.32 | $0.30 | | Cor ...