Saul Centers (BFS) Misses Q2 FFO by 3c
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Saul Centers, Inc. Reports Second Quarter 2016 Earnings
August 2, 2016 4:05 PM EDTBETHESDA, Md., Aug. 2, 2016 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust ("REIT"), announced its operating results for the quarter ended June 30, 2016 ("2016 Quarter"). Total revenue for the 2016 Quarter increased to $52.7 million from $51.7 million for the quarter ended June 30, 2015 ("2015 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, increased to $13.3 million for the 2016 Quarter from $12.9 million for the 2015 Quarter.
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