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Dec 31, 2022
IIPR Q4 2022 Earnings Report
IIP generated increased total revenues, net income attributable to common stockholders, and AFFO year-over-year.
Key Takeaways
Innovative Industrial Properties, Inc. (IIP) reported its Q4 and full-year 2022 results. The company's total revenues for Q4 2022 were approximately $70.5 million, a 20% increase compared to the same period in 2021. Net income attributable to common stockholders was approximately $41.2 million, or $1.46 per diluted share. AFFO was approximately $59.6 million, or $2.12 per diluted share.
Total revenues for Q4 2022 reached approximately $70.5 million, a 20% increase year-over-year.
Net income attributable to common stockholders was approximately $41.2 million, with earnings per diluted share at $1.46.
AFFO for Q4 2022 was approximately $59.6 million, resulting in $2.12 per diluted share.
IIP paid a quarterly dividend of $1.80 per common share.
Forward Guidance
No specific forward guidance was provided in the press release.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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