Equity Commonwealth

May 04, 2021

•

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.

Total Revenue

$14.9M

Previous year: $18.8M

Same Property Occupancy

82.2%