BFS - Saul Centers GAAP EPS of $0.45 revenue of $63M misses by $1.25M
2023-05-04 17:58:12 ET
- Saul Centers press release ( NYSE: BFS ): Q1 GAAP EPS of $0.45.
- Revenue of $63M (+1.4% Y/Y) misses by $1.25M .
- Funds from operations ("FFO") available to common stockholders and noncontrolling interests (after deducting preferred stock dividends) was $26.9 million, or $0.81 and $0.79 per basic and diluted share, respectively, in the 2023 Quarter compared to $27.0 million, or $0.81 and $0.80 per basic and diluted share, respectively, in the 2022 Quarter.
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As of March 31, 2023, 93.9% of the commercial portfolio was leased, compared to 92.5% as of March 31, 2022. As of March 31, 2023, the residential portfolio was 98.2% leased compared to 96.8% as of March 31, 2022.
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Saul Centers GAAP EPS of $0.45, revenue of $63M misses by $1.25M