Saul Centers Q2 2024: Revenue $66.9M (+5%); EPS $0.48, same-property income +5.1%

SAUL CENTERS, INC.

2024-Q2 EPS reported $0.93 revenue$133,635,000

Net income $19.5M ($0.48/share) vs $17.2M ($0.43) in prior-year quarter; revenue up 5% to $66.9M.
Same-property revenue +$3.2M (+5.1%), same-property operating income +$2.4M (+5.1%).
Shopping Center same-property operating income $36.8M (+$2.3M) on higher termination fees and base rent.
Mixed-Use same-property operating income $12.9M (+$0.1M) on higher commercial/residential rent, partially offset by lower termination fees.

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