City Office REIT Reports Second Quarter 2018 Results

Go back to City Office REIT Reports Second Quarter 2018 Results

City Office REIT (CIO) Reports In-Line Q2 EPS, Revenues Miss

August 2, 2018 6:20 AM EDT

City Office REIT (NYSE: CIO) reported Q2 EPS of ($0.07), in-line with the analyst estimate of ($0.07). Revenue for the quarter came in at $30.24 million versus the consensus estimate of $30.9 million.

Second Quarter Highlights

GAAP net loss attributable to common stockholders was approximately $2.7 million, or ($0.07) per fully diluted share;Core FFO was approximately $9.3 million, or $0.26 per fully diluted share;AFFO was approximately $7.1 million, or $0.19 per fully diluted share;In-place occupancy closed the quarter at... More