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Centerspace Q1 Core FFO Declines, Revenue Rises; 2025 Outlook Reaffirmed
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Centerspace Q1 Core FFO Declines, Revenue Rises; 2025 Outlook Reaffirmed
May 26, 2025 12:02 AM

04:52 AM EDT, 05/02/2025 (MT Newswires) -- Centerspace ( CSR ) reported Q1 core funds from operations Thursday of $1.21 per share, down from $1.23 a year earlier.

Analysts polled by FactSet expected $1.22.

Revenue for the quarter ended March 31 was $67.1 million, up from $64.5 million a year earlier.

Analysts surveyed by FactSet expected $66.5 million.

The company reaffirmed its full-year core FFO guidance range of $4.86 to $5.10.

Analysts polled by FactSet expect $4.95.

Shares were up more than 3% in recent Friday premarket activity.

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