secwatch.observer — SEC 8-K summary
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Issuer:     SAUL CENTERS, INC. (BFS)
CIK:        0000907254
Form:       8-K
Filed at:   2023-03-02T23:59:59+00:00
Accession:  0000907254-23-000007
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Saul Centers Q4 2022 FFO per share down to $0.72 from $0.75; net income falls
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- Total revenue $62.3M, up 3.5% YoY; net income $15.4M vs $15.9M in Q4 2021.
- Net income available to common $9.1M ($0.38 per share) vs $9.4M ($0.40) in prior year.
- FFO available to common and noncontrolling interests $24.7M ($0.72 diluted) vs $25.5M ($0.75).
- Same property revenue +3.5%, same property operating income +1.1%; commercial portfolio 93.2% leased.
- Full year 2022 FFO $103.2M ($3.04 diluted) vs $100.7M ($3.04 diluted) – flat on diluted basis.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/907254/000090725423000007/0000907254-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/907254/000090725423000007/bfs-20230302.htm
  HTML page:      https://secwatch.observer/filing/0000907254-23-000007

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