earnings
confidence high
sentiment negative
materiality 0.65
Saul Centers Q1 EPS $0.29 vs $0.45; net income $12.8M
SAUL CENTERS, INC.
2025-Q1 EPS reported
$0.29
revenue$71,856,000
- Total revenue $71.9M, up from $66.7M in Q1 2024; net income dropped to $12.8M from $18.3M.
- Diluted EPS $0.29, net income available to common stockholders $7.0M compared to $0.45 and $10.8M.
- Initial operations of Twinbrook Quarter Phase I reduced net income by $6.5M; 274 residential units leased as of May 5.
- Same-property revenue +2.7% ($1.8M), but same-property NOI -0.5%; shopping center NOI -$0.5M, mixed-use +$0.3M.