earnings
confidence high
sentiment positive
materiality 0.70
Centerspace reports Q2 2024 FFO of $1.23/sh, raises 2024 Core FFO guidance mid-point
CENTERSPACE
2024-Q2 EPS reported
-$0.56
revenue$129,549,000
- Net loss per share improved to -$0.19 from -$0.23 in Q2 2023.
- FFO per diluted share $1.23, up from $1.11 YoY; Core FFO $1.27 vs $1.28.
- Same-store revenues +3.4%, NOI +2.4% YoY; occupancy 95.3% vs 95.2% prior year.
- Raised mid-point of 2024 Core FFO per share guidance (specifics not in excerpt).