2023-04-26 17:12:33 ET
- Veris Residential press release ( NYSE: VRE ): Q1 Core FFO of $0.15 beats by $0.06 .
- Net loss available to common shareholders was $0.27 per share for the first quarter 2023.
- Revenue of $66.9M (+44.9% Y/Y).
- Net-debt-to-EBITDA reduced to 10.3x in the first quarter, down from 18.8x in the first quarter of 2022.
- The Company expects growth projection ranges for 2023 shown below: Same Store Revenue Growth of 4% -6%; Same Store Expense Growth of 4% -6%; Same Store NOI Growth of 4% -6%.
For further details see:
Veris Residential Core FFO of $0.15 beats by $0.06, revenue of $66.9M