Saul Centers Q1 2022 Earnings Report
Key Takeaways
Saul Centers, Inc. reported an increase in total revenue to $62.1 million for the quarter ended March 31, 2022, compared to $58.7 million for the same period in 2021. Net income also increased to $17.5 million from $12.8 million year-over-year, with net income available to common stockholders rising to $10.6 million ($0.44 per diluted share) from $7.5 million ($0.32 per diluted share).
Total revenue increased to $62.1 million from $58.7 million year-over-year
Net income increased to $17.5 million from $12.8 million year-over-year.
Net income available to common stockholders increased to $10.6 million ($0.44 per diluted share) from $7.5 million ($0.32 per diluted share) year-over-year.
Same property revenue increased by $3.4 million (5.8%) compared to the same quarter in the previous year.
Saul Centers
Saul Centers
Saul Centers Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income