earnings
confidence high
sentiment neutral
materiality 0.60
Centerspace Q2 net loss widens to $0.87/share; authorizes $100M share repurchase
CENTERSPACE
2025-Q2 EPS reported
-$1.09
revenue$135,642,000
- Q2 net loss per share $0.87 vs $0.19 prior year; Core FFO flat at $1.28.
- Same-store NOI grew 2.9% YoY; occupancy improved to 96.1% from 95.5%.
- Board authorized up to $100M share repurchase program through July 31, 2026.
- Blended lease rate growth slowed to 2.4% from 3.4% in prior-year quarter.
- Six-month net loss per share $1.09 vs $0.56; Core FFO $2.50 vs $2.49.
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