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

Issuer:     SAUL CENTERS, INC. (BFS)
CIK:        0000907254
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0000907254-23-000037
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Saul Centers Q1 2023: net income $17.7M, EPS $0.45, revenue $63.0M
------------------------------------------------------------------

- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/907254/000090725423000037/0000907254-23-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/907254/000090725423000037/bfs-20230504.htm
  HTML page:      https://secwatch.observer/filing/0000907254-23-000037

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