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.
Visualization of income flow from segment revenue to net income