Equity Commonwealth

Feb 10, 2021

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Dec 31, 2020

Equity Commonwealth Q4 2020 Earnings Report

Reported financial results for the quarter and year ended December 31, 2020.

Key Takeaways

Equity Commonwealth reported a net loss attributable to common shareholders of $3.7 million, or $0.03 per diluted share, for the quarter ended December 31, 2020. FFO was $0.6 million, or $0.00 per diluted share, and Normalized FFO was $0.6 million, or $0.00 per diluted share for the same period. The company's same property portfolio was 85.7% leased as of December 31, 2020.

Net loss attributable to common shareholders was $3.7 million, or $0.03 per diluted share, for the quarter ended December 31, 2020.

FFO for the quarter ended December 31, 2020, were $0.6 million, or $0.00 per diluted share.

Normalized FFO was $0.6 million, or $0.00 per diluted share, for the quarter ended December 31, 2020.

Same property NOI decreased 16.9% when compared to the same period in 2019.