Equity Commonwealth

Feb 12, 2020

•

Dec 31, 2019

Equity Commonwealth Q4 2019 Earnings Report

Reported financial results for the quarter and year ended December 31, 2019.

Key Takeaways

Equity Commonwealth reported a net income attributable to common shareholders of $14.0 million, or $0.11 per share, for the quarter ended December 31, 2019. FFO was $19.8 million, or $0.16 per share, and Normalized FFO was $19.7 million, or $0.16 per share. The company's balance of cash and cash equivalents was $2.8 billion as of December 31, 2019.

Net income attributable to common shareholders for Q4 2019 was $14.0 million, or $0.11 per share, compared to $13.4 million, or $0.11 per share, for Q4 2018.

Funds from Operations (FFO) for Q4 2019 were $19.8 million, or $0.16 per share, compared to $25.6 million, or $0.21 per share for Q4 2018.

Normalized FFO for Q4 2019 was $19.7 million, or $0.16 per share, compared to $25.5 million, or $0.21 per share for Q4 2018.

As of December 31, 2019, the company’s balance of cash and cash equivalents was $2.8 billion.

Total Revenue

$26M

Previous year: $42.9M