earnings
confidence high
sentiment neutral
materiality 0.50
Saul Centers Q1 2023: net income $17.7M, EPS $0.45, revenue $63.0M
SAUL CENTERS, INC.
2023-Q1 EPS reported
$0.45
revenue$63,049,000
- Revenue $63.0M vs $62.1M YoY (+1.4%); net income $17.7M vs $17.5M.
- FFO available to common stockholders $10.7M ($0.45 per share) vs $10.6M ($0.44).
- Same-property revenue +$0.9M (+1.5%); same-property operating income +$1.6M (+3.5%).
- Higher base rent at The Waycroft (+$0.8M) and portfolio (+$0.8M) offset by higher interest expense (+$1.2M).