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Mar 31, 2021
Equity Commonwealth Q1 2021 Earnings Report
Reported a net loss due to decrease in gains from property dispositions and decrease in interest and other income.
Key Takeaways
Equity Commonwealth reported a net loss of $12 million, or $0.10 per diluted share, for the quarter ended March 31, 2021. FFO was ($7.7) million, or ($0.06) per diluted share, and Normalized FFO was ($0.9) million, or ($0.01) per diluted share.
Collected 97% of contractual rents for the first quarter 2021.
Net loss attributable to common shareholders was $12 million, or $0.10 per diluted share.
FFO was ($7.7) million, or ($0.06) per diluted share.
Normalized FFO was ($0.9) million, or ($0.01) per diluted share.