earnings
confidence high
sentiment neutral
materiality 0.50
Saul Centers Q2 revenue up 5.6% to $63.7M; EPS flat at $0.43
SAUL CENTERS, INC.
2023-Q2 EPS reported
$0.88
revenue$126,758,000
- Net income available to common $10.4M ($0.43 per share) vs $10.2M ($0.43) a year ago.
- Total revenue $63.7M, up from $60.3M on higher commercial and residential base rent.
- Same property revenue rose 5.7%; same property operating income up 3.9%.
- Interest expense net increased $1.8M, partially offsetting rental gains.
- No updated guidance or forward-looking metrics provided in the release.