Saul Centers Q3 2024 Earnings Report
Key Takeaways
Saul Centers, Inc. reported increased total revenue and net income for the third quarter of 2024 compared to the same period in 2023. Total revenue increased to $67.3 million, and net income rose to $19.6 million.
Total revenue increased to $67.3 million from $63.8 million year-over-year.
Net income increased to $19.6 million from $16.7 million year-over-year.
Net income available to common stockholders increased to $11.7 million, or $0.48 per basic and diluted share, from $10.0 million, or $0.42 per basic and diluted share, year-over-year.
FFO available to common stockholders and noncontrolling interests increased to $28.9 million, or $0.84 and $0.83 per basic and diluted share, respectively, from $26.0 million, or $0.78 and $0.76 per basic and diluted share, respectively, year-over-year.
Saul Centers
Saul Centers
Saul Centers Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income