Funds From Operations (FFO)

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Peakstone Realty Trust (PKST) Beats Q1 FFO Estimates
ZACKS· 2025-05-08 23:50
Peakstone Realty Trust (PKST) came out with quarterly funds from operations (FFO) of $0.62 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to FFO of $0.70 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 5.08%. A quarter ago, it was expected that this company would post FFO of $0.61 per share when it actually produced FFO of $0.65, delivering a surprise of 6.56%.Over the last four quarters, the comp ...
Saul Centers (BFS) Q1 FFO Miss Estimates
ZACKS· 2025-05-08 23:20
分组1 - Saul Centers reported quarterly funds from operations (FFO) of $0.71 per share, missing the Zacks Consensus Estimate of $0.73 per share, and down from $0.80 per share a year ago [1][2] - The company posted revenues of $71.86 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.01%, compared to $66.69 million in the same quarter last year [3] - Over the last four quarters, Saul Centers has surpassed consensus revenue estimates three times [3] 分组2 - The stock has underperformed, losing about 15.4% since the beginning of the year, while the S&P 500 declined by 4.3% [4] - The current consensus FFO estimate for the coming quarter is $0.75 on revenues of $71.39 million, and for the current fiscal year, it is $2.92 on revenues of $286.88 million [8] - The Zacks Industry Rank for REIT and Equity Trust - Retail is currently in the top 24% of over 250 Zacks industries, indicating a favorable outlook for the sector [9]
Outfront Media (OUT) Q1 FFO and Revenues Lag Estimates
ZACKS· 2025-05-08 23:20
Outfront Media (OUT) came out with quarterly funds from operations (FFO) of $0.14 per share, missing the Zacks Consensus Estimate of $0.15 per share. This compares to FFO of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -6.67%. A quarter ago, it was expected that this billboard, transit and digital display advertising company would post FFO of $0.63 per share when it actually produced FFO of $0.69, delivering a surprise of ...
Federal Realty Investment Trust (FRT) Q1 FFO and Revenues Top Estimates
ZACKS· 2025-05-08 22:20
Federal Realty Investment Trust (FRT) came out with quarterly funds from operations (FFO) of $1.70 per share, beating the Zacks Consensus Estimate of $1.69 per share. This compares to FFO of $1.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 0.59%. A quarter ago, it was expected that this real estate investment trust would post FFO of $1.73 per share when it actually produced FFO of $1.73, delivering no surprise.Over the last fo ...
Saul Centers, Inc. Reports First Quarter 2025 Earnings
Prnewswire· 2025-05-08 20:08
Core Viewpoint - Saul Centers, Inc. reported mixed financial results for the quarter ended March 31, 2025, with total revenue increasing but net income decreasing due to the initial operations of Twinbrook Quarter Phase I [1][2]. Financial Performance - Total revenue for the 2025 Quarter was $71.9 million, up from $66.7 million in the 2024 Quarter, representing an increase of approximately 3.3% [1][12]. - Net income decreased to $12.8 million in the 2025 Quarter from $18.3 million in the 2024 Quarter, a decline of about 30.1% [1][12]. - Net income available to common stockholders fell to $7.0 million, or $0.29 per share, down from $10.8 million, or $0.45 per share, in the previous year [2][12]. Operational Highlights - The company leased 274 residential units at Twinbrook Quarter Phase I as of May 5, 2025 [1]. - Same property revenue increased by $1.8 million, or 2.7%, while same property net operating income decreased by $0.2 million, or 0.5%, compared to the 2024 Quarter [3][16]. - The commercial portfolio was 93.9% leased as of March 31, 2025, down from 94.6% a year earlier, while the residential portfolio was 99.3% leased, up from 98.7% [6]. Revenue Breakdown - Rental revenue for the 2025 Quarter was $70.5 million, compared to $65.3 million in the 2024 Quarter [12]. - Same property net operating income for shopping centers totaled $35.3 million, a decrease of $0.5 million compared to the previous year, primarily due to lower other property revenue and expense recoveries [3][17]. - Mixed-use same property net operating income increased to $12.7 million, up by $0.3 million from the 2024 Quarter, driven by higher residential base rent [3][17]. Funds from Operations (FFO) - FFO available to common stockholders decreased to $24.6 million, or $0.71 per share, from $27.5 million, or $0.80 per share, in the 2024 Quarter [5][13]. - FFO was adversely impacted by $4.4 million due to the initial operations of Twinbrook Quarter Phase I, but increased by $1.5 million when excluding this property [5][13]. Asset and Liability Overview - Total assets as of March 31, 2025, were $2.131 billion, slightly up from $2.126 billion at the end of 2024 [10]. - Total liabilities increased to $1.640 billion from $1.625 billion [10]. - The company operates a portfolio of 62 properties, primarily in the metropolitan Washington, D.C./Baltimore area, generating over 85% of its property net operating income from this region [7].
Federal Realty Investment Trust Reports First Quarter 2025 Results
Prnewswire· 2025-05-08 20:05
NORTH BETHESDA, Md., May 8, 2025 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) today reported its results for the first quarter ended March 31, 2025. For the three months ended March 31, 2025 and 2024, net income available for common shareholders was $0.72 per diluted share and $0.66 per diluted share, respectively. Operating income for the same periods was $108.1 million and $100.2 million, respectively.Highlights for the first quarter and subsequent to quarter-end include: Generated funds fro ...
SITE Centers' Q1 OFFO Misses Estimate, Revenues Decline Y/Y
ZACKS· 2025-05-08 18:40
SITE Centers Corp. (SITC) reported first-quarter 2025 operating funds from operations (OFFO) per share of 16 cents, which missed the Zacks Consensus Estimate of 24 cents.Results reflect a fall in revenues, leased rate and commenced rate on a year-over-year basis. However, a rise in base rent per square foot supported the results to some extent.SITE Centers generated revenues of $40.3 million, which outpaced the Zacks Consensus Estimate of $33.5 million.On a year-over-year basis, the top line declined 56.4%, ...
Global Medical REIT(GMRE) - 2025 Q1 - Earnings Call Presentation
2025-05-08 13:36
Atrium Health – Winston-Salem, NC FIRST QUARTER 2025 EARNINGS SUPPLEMENTAL www.globalmedicalreit.com NYSE: GMRE TABLE OF CONTENTS Legent Hospital for Special Surgery – Plano, TX | Company Overview | 3 | | --- | --- | | Select Quarterly Financial Data | 6 | | Business Summary | 7 | | Acquisitions / Dispositions | 8 | | Portfolio Summary | 9 | | Key Tenants | 12 | | Debt and Hedging Summary | 13 | | Total Capitalization and Equity Summary | 15 | | Sustainability Summary | 16 | | Condensed Consolidated | 17 | ...
Americold Realty Trust Inc. (COLD) Meets Q1 FFO Estimates
ZACKS· 2025-05-08 13:35
Americold Realty Trust Inc. (COLD) came out with quarterly funds from operations (FFO) of $0.34 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.37 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post FFO of $0.36 per share when it actually produced FFO of $0.37, delivering a surprise of 2.78%.Over the last four quarters, the company has surpassed consensus FFO estimates two times.Americold Realty ...
Gladstone mercial (GOOD) - 2025 Q1 - Earnings Call Transcript
2025-05-08 13:32
Gladstone Commercial (GOOD) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Company Participants David Gladstone - Founder, Chairman & CEOMichael Licalsi - General Counsel & SecretaryBuzz Cooper - PresidentGary Gerson - CFO & Assistant TreasurerGaurav Mehta - Managing DirectorCraig Kucera - MD - Equity ResearchDave Storms - Director of Equity Research Conference Call Participants John Massocca - Senior Research Analyst Operator As a reminder, this conference is being recorded. It is now my pleasure to introd ...