{"schema_version":"secwatch.filing_event.v1","accession":"0000907254-26-000003","form_type":"8-K","ticker":"BFS","cik":"0000907254","company_name":"SAUL CENTERS, INC.","filed_at":"2026-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.002335+00:00","generated_at":"2026-05-15T23:20:24.480997+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Saul Centers Q4 net income drops to $8.2M; EPS $0.15; revenue up to $75.1M","bullets":["Revenue $75.1M vs $67.9M in Q4 2024; net income decreased to $8.2M from $10.4M.","EPS (diluted) $0.15 vs $0.22; net income available to common stockholders $3.7M vs $5.3M.","Hampden House opened Oct 1, 2025; 35.5% leased as of Feb 23, 2026; reduced net income by $5.1M including $2.8M lower capitalized interest.","Same property revenue excluding $8.7M non-recurring payment rose 6.8%; same property NOI up 4.2%.","Shopping Center same property NOI +1.3%; Mixed-Use same property NOI -32.2% (excl. non-recurring payment +9.2%)."],"urls":{"canonical":"https://secwatch.observer/filing/0000907254-26-000003","json":"https://secwatch.observer/filing/0000907254-26-000003.json","markdown":"https://secwatch.observer/filing/0000907254-26-000003.md","text":"https://secwatch.observer/filing/0000907254-26-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/907254/000090725426000003/0000907254-26-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/907254/000090725426000003/bfs-20260227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T23:20:24.480997+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"}