Saul Centers Q2 2024 Earnings Report
Key Takeaways
Saul Centers, Inc. reported an increase in total revenue to $66.9 million for the second quarter of 2024, compared to $63.7 million for the second quarter of 2023. Net income also increased to $19.5 million from $17.2 million over the same period. FFO available to common stockholders and noncontrolling interests increased to $28.5 million, or $0.83 per basic and diluted share, compared to $26.5 million, or $0.79 and $0.78 per basic and diluted share, respectively, in the 2023 Quarter.
Total revenue increased to $66.9 million from $63.7 million year-over-year.
Net income increased to $19.5 million from $17.2 million year-over-year.
Net income available to common stockholders increased to $11.6 million, or $0.48 per share, from $10.4 million, or $0.43 per share, year-over-year.
FFO available to common stockholders and noncontrolling interests increased to $28.5 million, or $0.83 per share, from $26.5 million, or $0.79 per share, year-over-year.
Saul Centers
Saul Centers
Saul Centers Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income