earnings
confidence high
sentiment negative
materiality 0.75
Saul Centers Q2 net income $11.5M ($0.24/sh) down 19% YoY; Hampden House drag $4M
SAUL CENTERS, INC.
- Total revenue $76.8M, up 8.5% from $70.8M in Q2 2025.
- Net income available to common stockholders $6.0M ($0.24 per share) vs $7.9M ($0.33) prior year.
- Same property NOI increased 6.9% (Shopping Center +3.6%, Mixed-Use +15.7%).
- Hampden House initial operations adversely impacted net income by $4.0M ($2.9M interest); 64.2% of residential units leased.
- Exclusive of Hampden House, net income increased $1.3M due to higher base rent.