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home / news releases / PEI - PREIT reports Q1 results


PEI - PREIT reports Q1 results

PREIT (PEI): Q1 GAAP EPS of -$0.64.Revenue of $65.4M (-11.9% Y/Y)Same Store NOI, excluding lease termination revenue, decreased 21.2% and exceeded 140% of monthly billings during April as collection of deferred rents continued to accelerate.Cash collections continued to improve, increasing to 119% of billings for Q1.Traffic approaching pre-COVID levels across portfolio at 86.4% of 2019 for comparable portfolio in AprilPress Release

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PREIT reports Q1 results
Stock Information

Company Name: Pennsylvania Real Estate Investment Trust
Stock Symbol: PEI
Market: NYSE

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