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Centerspace Q2 Core FFO Falls, Revenue Rises; Full-Year Core FFO Outlook Revised
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Centerspace Q2 Core FFO Falls, Revenue Rises; Full-Year Core FFO Outlook Revised
Jul 29, 2024 2:43 PM

05:25 PM EDT, 07/29/2024 (MT Newswires) -- Centerspace ( CSR ) reported Q2 core fund from operations late Monday of $1.27 per diluted share, down from $1.28 a year earlier.

Analysts polled by Capital IQ expected $1.19.

Revenue for the quarter ended June 30 was $65.0 million, up from $64.8 million a year ago.

Analysts polled by Capital IQ expected $65.6 million.

Centerspace ( CSR ) said it now expects full-year 2024 core FFO of $4.78 to $4.92 per share, compared with its previous outlook of $4.74 to $4.92 per share. Analysts polled by Capital IQ expect $4.79.

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