EQC Q1 net income $23.4M ($0.22/diluted), FFO $0.26/sh; same property occupancy 75.4% from 81.6% YoY

EQC Liquidating Trust

Net income $23.4M ($0.22/sh), Normalized FFO $0.25/sh, up from $0.23/sh YoY.
Same property leased 75.4% vs 81.6% a year ago; commenced occupancy 74.6%.
Cash and equivalents $2.2B, no debt.
Company to either announce a transaction or wind down by year-end 2024.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

EQC Liquidating Trust reported the quarter ended March 31, 2024 results: net income $23.4 million, or $0.22 per diluted share.

Period: the quarter ended March 31, 2024
Net income: $23.4 million, or $0.22 per diluted share
Result: reported results

Exact text from the filing

Net income attributable to common shareholders was $23.4 million, or $0.22 per diluted share, for the quarter ended March 31, 2024.

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Source: SEC EDGAR

accession 0000803649-24-000037

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