Equity Commonwealth Q4 2019 Earnings Report
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.
Equity Commonwealth
Equity Commonwealth
Forward Guidance
Equity Commonwealth will host a conference call to discuss fourth quarter and full year results on Thursday, February 13, 2020.