earnings
confidence high
sentiment positive
materiality 0.80
Curbline Q3 net income $9.3M, Operating FFO $0.28; acquires $336M in centers, ups 2025 guidance
Curbline Properties Corp.
2025-Q3 EPS reported
$0.28
revenue$128,744,000
- Net income $9.3M ($0.09/dil) vs net loss $15.4M ($0.15 loss) in prior year; Operating FFO $29.5M ($0.28/dil) vs $19.5M ($0.19).
- Acquired 37 convenience centers for $336.1M in Q3; YTD acquisitions total 69 centers for $644.1M.
- Same-property NOI up 3.7% for 9 months; leased rate 96.7% (up 60 bps QoQ).
- Cash new leasing spreads 20.2% TTM, cash renewal spreads 9.1% TTM; Signed Not Opened spread 280 bps.
- Raised 2025 Operating FFO guidance to $1.04-$1.05/dil (from $1.00-$1.03); net income guidance $0.35-$0.38/dil.