Saul Centers Q3 net income $0.48/share vs $0.42; revenue up to $67.3M

SAUL CENTERS, INC.

2024-Q3 EPS reported $1.42 revenue$200,923,000

Total revenue $67.3M, up from $63.8M (+5.5%) YoY.
Net income $19.6M vs $16.7M; net available to common $11.7M ($0.48/sh) vs $10.0M ($0.42/sh).
Same-property revenue +5.5%; same-property operating income +6.8%.
Shopping Center same-property op income $36.4M (+$2.3M); Mixed-Use $13.2M (+$0.9M).
Lease termination fees rose $0.6M; G&A costs increased $0.5M.

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