secwatch.observer — SEC 8-K summary
======================================

Issuer:     SAUL CENTERS, INC. (BFS)
CIK:        0000907254
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0000907254-21-000086
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Saul Centers Q2 revenue $60M, net income $16.1M, FFO $0.82/share; commercial leased 92.5%
--------------------------------------------------------------------------------

- Total revenue $60.0M, up 12.8% YoY; net income $16.1M vs $10.2M; diluted EPS $0.42 vs $0.24.
- FFO available to common & noncontrolling interests $26.0M ($0.82 basic) vs $20.0M ($0.64).
- Same property revenue +12.7%; same property operating income +14.9%. Shopping Center +$3.7M, Mixed-Use +$2.2M.
- Commercial portfolio leased 92.5% (down from 94.7%); residential 98.4% (up from 67.7%, boosted by Waycroft).
- Rent collections: 98% of Q2 billings paid; July 94% paid. Deferrals minimal (<0.3% of July billings).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/907254/000090725421000086/0000907254-21-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/907254/000090725421000086/bfs-20210805.htm
  HTML page:      https://secwatch.observer/filing/0000907254-21-000086

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