secwatch.observer — SEC 8-K summary
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Issuer:     CENTERSPACE (CSR)
CIK:        0000798359
Form:       8-K
Filed at:   2024-02-20T23:59:59+00:00
Accession:  0000798359-24-000021
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Centerspace Q4 net loss $0.65/sh; FY Core FFO $4.78; same-store NOI +9%; dividend increase and 2024 outlook
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- Q4 net loss per diluted share ($0.65) vs ($0.24) prior year; full year net income $2.32 vs ($1.35).
- Core FFO per diluted share $1.22 in Q4 (vs $1.17) and $4.78 for full year (vs $4.43).
- Same-store NOI increased 7.6% in Q4 and 9.0% for full year YoY.
- Company announced dividend increase and provided 2024 financial outlook (specifics not in excerpt).
- Entered employment agreement with CFO Bhairav Patel: $400k base salary, STI/LTI targets 100% each.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798359/000079835924000021/0000798359-24-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798359/000079835924000021/iret-20240220.htm
  HTML page:      https://secwatch.observer/filing/0000798359-24-000021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer