FSP reports Q3 GAAP net income $17.2M; lowers property disposition guidance to $102.5M-$200M

FRANKLIN STREET PROPERTIES CORP /MA/

2022-Q3 EPS reported $0.04 revenue$124,404,000

GAAP net income $17.2M ($0.17 EPS) for Q3; net income $4.0M ($0.04 EPS) for 9 months.
FFO $9.0M ($0.09/share); AFFO loss of $0.09/share for Q3.
Property disposition guidance for FY2022 cut to $102.5M-$200M from $200M-$300M.
Portfolio leased 75.9% vs 78.4% at Dec 31, 2021; sold Interlocken properties for $102.5M.
Quarterly dividend declared $0.01/share payable Nov 10, 2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

FRANKLIN STREET PROPERTIES CORP /MA/ reported third quarter ended September 30, 2022 results: net income GAAP net income was $17.2 million and $4.0 million, or $0.17 and $0.04 per basic and diluted share, for the three and ni, EPS $0.17 and $0.04 per basic and diluted share, for the three and nine months ended September 30, 2022, respectively.. Guidance lowered.

Period: third quarter ended September 30, 2022
Net income: GAAP net income was $17.2 million and $4.0 million, or $0.17 and $0.04 per basic and diluted share, for the three and ni
EPS: $0.17 and $0.04 per basic and diluted share, for the three and nine months ended September 30, 2022, respectively.
Guidance: lowered
Result: reported results

Exact text from the filing

Franklin Street Properties Corp. Announces Third Quarter 2022 Results

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

FRANKLIN STREET PROPERTIES CORP /MA/ filing history →

Source: SEC EDGAR

accession 0001558370-22-015816

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.