earnings
confidence high
sentiment negative
materiality 0.65
Centerspace reports Q1 2026 net loss $0.77/shr, Core FFO $1.12 vs $1.21 YoY; reaffirms 2026 outlook
CENTERSPACE
2026-Q1 EPS reported
-$0.77
revenue$65,069,000
- Net loss diluted $0.77 per share vs $0.22 loss in Q1 2025.
- Core FFO diluted $1.12, down from $1.21 in prior-year quarter.
- FFO diluted $1.07 vs $1.17; same-store NOI decreased 1.1% YoY.
- Same-store expenses rose 1.7% YoY; occupancy 95.4% vs 95.8% a year ago.
- Reaffirms 2026 core financial outlook; no quantitative guidance change specified.