secwatch.observer — SEC 8-K summary
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Issuer:     SAUL CENTERS, INC. (BFS)
CIK:        0000907254
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0000907254-25-000045
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Saul Centers Q1 EPS $0.29 vs $0.45; net income $12.8M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/907254/000090725425000045/0000907254-25-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/907254/000090725425000045/bfs-20250508.htm
  HTML page:      https://secwatch.observer/filing/0000907254-25-000045

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer