earnings
confidence medium
sentiment positive
materiality 0.65
Centerspace Q3 2022 FFO $1.13/share, Core FFO $1.15; same-store NOI up 11.4% YoY
CENTERSPACE
2022-Q3 EPS reported
-$1.11
revenue$188,868,000
- Net loss per diluted share $(0.14) in Q3 2022, improved from $(0.79) in Q3 2021.
- FFO per diluted share $1.13 (Q3 2022) vs $0.60 (Q3 2021); Core FFO $1.15 vs $0.98.
- Same-store revenue +11.1%, expenses +10.6%, NOI +11.4% year-over-year.
- Same-store weighted-average occupancy 94.5% in Q3 2022 vs 94.3% a year ago.
- Company updated financial outlook; specific guidance details not provided in excerpt.