{"schema_version":"secwatch.filing_event.v1","accession":"0000907254-25-000045","form_type":"8-K","ticker":"BFS","cik":"0000907254","company_name":"SAUL CENTERS, INC.","filed_at":"2025-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.754187+00:00","generated_at":"2026-05-22T06:27:36.208463+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Saul Centers Q1 EPS $0.29 vs $0.45; net income $12.8M","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0000907254-25-000045","json":"https://secwatch.observer/filing/0000907254-25-000045.json","markdown":"https://secwatch.observer/filing/0000907254-25-000045.md","text":"https://secwatch.observer/filing/0000907254-25-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/907254/000090725425000045/0000907254-25-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/907254/000090725425000045/bfs-20250508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T06:27:36.208463+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}