01:36 PM EDT, 05/03/2024 (MT Newswires) -- Saul Centers ( BFS ) shares dropped 2% in recent Friday trading, a day after the company posted Q1 results.

The company reported Q1 funds from operations late Thursday of $0.80 per diluted share, up from $0.79 a year earlier.

A sole analyst polled by Capital IQ expected $0.77.

Revenue for the quarter ended March 31 was $66.7 million, up from $63.0 million a year earlier.

A sole analyst surveyed by Capital IQ expected $64.4 million.

Price: 36.37, Change: -0.75, Percent Change: -2.02