Centerspace Q2 2023 Core FFO $1.28/share, up 14.3% YoY; raises 2023 guidance

CENTERSPACE

2023-Q2 EPS reported $2.55 revenue$132,673,000

Q2 2023 diluted net loss $(0.23) vs $(0.30) loss in Q2 2022, FFO per share $1.11 vs $1.02.
Core FFO per diluted share $1.28, up from $1.12 in Q2 2022, a 14.3% increase.
Same-store revenue up 8.5% and same-store NOI up 12.1% year-over-year.
Same-store weighted average occupancy improved to 95.2% from 95.0%.
Increased 2023 Core FFO guidance; specific revised range not included in excerpt.

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