earnings
confidence high
sentiment negative
materiality 0.70
Saul Centers Q2 2025 net income down 27% to $14.2M; EPS $0.33 vs $0.48 YoY
SAUL CENTERS, INC.
2025-Q2 EPS reported
$0.62
revenue$142,690,000
- Total revenue rose to $70.8M from $66.9M YoY, but net income fell to $14.2M from $19.5M.
- Net income available to common stockholders was $7.9M ($0.33/share), down from $11.6M ($0.48/share).
- Twinbrook Quarter Phase I startup reduced net income by $5.4M, including $3.5M lower capitalized interest.
- Same-property revenue decreased 2.2%; same-property NOI decreased 4.3% (impacted by $2.0M lower lease termination fees).
- Wegmans opened June 25, 2025; 86.1% of residential units leased/occupied as of August 4, 2025.
item 2.02item 9.01