Hubbard Radio Washington DC, LLC. All rights reserved. This website is not intended for users located within the European Economic Area.
BETHESDA, Md. (AP) _ JBG Smith Properties (JBGS) on Tuesday reported a key measure of profitability in its second quarter.
The Bethesda, Maryland-based real estate investment trust said it had funds from operations of $37.1 million, or 31 cents per share, in the period.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net...
The company said it had net income of $123.3 million, or $1.02 per share.
Insight by Contrast Security: During this exclusive webinar, moderator Jared Serbu and agency leaders discuss software implementation cyber risks and how they are measuring and mitigating those risks in their software ecosystem and supply chain. Register now!
The real estate investment trust posted revenue of $145.5 million in the period. Its adjusted revenue was $117 million.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JBGS at https://www.zacks.com/ap/JBGS
© 2022 . All rights reserved. This website is not intended for users located within the European Economic Area.