Saul Centers (BFS) Misses Q1 FFO by 2c

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Saul Centers, Inc. Reports First Quarter 2015 Earnings

May 5, 2015 4:29 PM EDT

BETHESDA, Md., May 5, 2015 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust ("REIT"), announced its operating results for the quarter ended March 31, 2015 ("2015 Quarter").  Total revenue for the 2015 Quarter decreased to $52.1 million from $52.9 million for the quarter ended March 31, 2014 ("2014 Quarter").  Operating income, which is net income before the impact of change in fair value of derivatives, loss on early extinguishment of debt and gains on sales of property and casualty settlements, if any, was $12.7 million for the 2015 Quarter, unchanged from the 2014 Quarter. 

Net income attributable to common stockholders... More