Presidio Property Trust, Inc. Announces Earnings for the First Quarter Ended March 31, 2021
SAN DIEGO, CA / ACCESSWIRE / May 11, 2021 / Presidio Property Trust, Inc. (NASDAQ:SQFT) (the Company ), an internally-managed, diversified REIT, with holdings in office, industrial, retail, and model home properties, today reported financial results for its first quarter ended March 31, 2021. All first quarter financial measures referenced herein are unaudited. We are pleased to report our first quarter earnings, continuing the strong rent collections that we saw throughout 2020, said Jack Heilbron, the Company s President and Chief Executive Officer. The diversified nature of our portfolio, with especially strong office and model home collections, resulted in a company-wide collections rate of 96% of budget in the first quarter of 2021.
Profit Dips for Simon Property Group
insideindianabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insideindianabusiness.com Daily Mail and Mail on Sunday newspapers.
Message :
Required fields
The GEO Group, Inc. (NYSE: GEO) (“GEO”), a fully integrated equity real estate investment trust (“REIT”) and a leading provider of enhanced in-custody rehabilitation, post-release support, and community-based programs, reported today its financial results for the first quarter 2021 and updated its financial guidance for the full-year 2021.
First Quarter 2021 Highlights
Net Income Attributable to GEO of $50.5 million or $0.41 per diluted share
1Q21 results reflect $13.3 million pre-tax gain on real estate assets and $3.0 million pre-tax gain on the extinguishment of debt
Adjusted Net Income of $0.28 per diluted share
Net Operating Income of $152.3 million
Normalized FFO of $0.44 per diluted share
Share this article
Share this article
ATLANTA, May 10, 2021 /PRNewswire/ Preferred Apartment Communities, Inc. (NYSE: APTS) ( we, our, the Company, Preferred Apartment Communities or PAC ) today reported results for the quarter ended March 31, 2021. Unless otherwise indicated, all per share results are reported based on the basic weighted average shares of Common Stock and Class A Units ( Class A Units ) of the Preferred Apartment Communities Operating Partnership (our Operating Partnership ) outstanding. See Definitions of Non-GAAP Measures.
Preferred Apartment Communities We are very pleased to report another quarter of sound operational performance from our Sunbelt-focused portfolio of assets. We are seeing solid growth and positive trajectory in our top line revenues in our core multifamily business, which is supported by broad positive economic and migration trends. These operational successes have allowed us to continue to advance our strategic goals of simplify
Ventas Guides Q2 In Line With Estimates
WASHINGTON (dpa-AFX) - While reporting financial results for the first quarter on Friday, Ventas Inc. (VTR) provided normalized Funds From Operations (FFO) per share and earnings per share outlook for the second quarter.
For the second quarter, the company projects normalized FFO in a range of $0.67 to $0.71 per share and earnings per share between flat and $0.07 per share.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.04 per share for the year. Analysts estimates typically exclude special items.
Copyright RTT News/dpa-AFX
© 2021 AFX News
vimarsana © 2020. All Rights Reserved.