VRE - Veris Residential GAAP EPS of -$0.30 revenue of $60.33M
2023-07-27 04:33:11 ET
- Veris Residential press release ( NYSE: VRE ): Q2 GAAP EPS of -$0.30.
- Total property revenue of $60.33M (+13.3% Y/Y).
- Core FFO per share of $0.16.
- 7,681-unit multifamily portfolio and Same Store 6,691-unit multifamily portfolio were 95.6% and 95.7% occupied, respectively, as of June 30, 2023.
- Same Store multifamily Blended Net Rental Growth Rate of 11.7% for the quarter.
- Same Store NOI increased by 21.8%, compared to the same quarter last year.
- Raising annual Same Store NOI growth guidance to a range of 10% to 12%.
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Veris Residential GAAP EPS of -$0.30, revenue of $60.33M