---
schema_version: "secwatch.filing_event.v1"
accession: "0000924901-24-000054"
form_type: "8-K"
ticker: "VRE"
cik: "0000924901"
company_name: "Veris Residential, Inc."
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:48:51.193165+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# Veris Residential Q3 Core FFO $0.17/share, raises FY2024 guidance, NOI up 8.4%

## Summary
- Q3 net loss per diluted share ($0.10) narrowed from ($0.60) a year ago; Core FFO rose to $0.17 from $0.12.
- Normalized Same Store NOI grew 8.4% y/y in Q3; YTD NOI margin improved 130bps to 66.8%.
- Reduced net debt by ~$227M since Sep 2023; refinanced $531M of mortgages, no consolidated maturities until 2026.
- Raised FY2024 Core FFO guidance to $0.59-$0.60 per share; Same Store NOI growth guidance raised to 5.4%-6.2%.
- Paid $0.07/share dividend on Oct 16 (up from $0.05 in prior year); GRESB named Company Regional Listed Sector Leader.

## SEC filing metadata
- accession: 0000924901-24-000054
- form_type: 8-K
- ticker: VRE
- cik: 0000924901
- company_name: Veris Residential, Inc.
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924901/000092490124000054/0000924901-24-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924901/000092490124000054/vre-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000924901-24-000054
- JSON: https://secwatch.observer/filing/0000924901-24-000054.json
- Plain text: https://secwatch.observer/filing/0000924901-24-000054.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
