earnings
confidence high
sentiment neutral
materiality 0.60
Armada Hoffler Q2 net income $0.13/sh; FFO $0.35/sh; maintains FY guidance
AH Realty Trust, Inc.
2023-Q2 EPS reported
$0.16
revenue$310,114,000
- Net income $11.7M ($0.13/sh) vs $27.8M ($0.31/sh) in Q2 2022; FFO $31.4M ($0.35/sh) vs $27.0M ($0.31/sh).
- Completed acquisition of The Interlock, a mixed-use property in Atlanta's West Midtown.
- Board authorized $50M common and preferred stock repurchase program.
- Maintained 2023 full-year normalized FFO guidance of $1.23-$1.27 per diluted share.