Equity Commonwealth (EQC) Tops Q4 FFO by 5c

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Equity Commonwealth Reports Fourth Quarter and Full Year 2018 Results

February 13, 2019 4:15 PM EST

CHICAGO--(BUSINESS WIRE)-- Equity Commonwealth (NYSE: EQC) today reported its financial results for the quarter and year ended December 31, 2018. All per share results are reported on a diluted basis.

Financial results for the quarter ended December 31, 2018

Net income attributable to common shareholders for the quarter ended December 31, 2018 was $13.4 million, or $0.11 per share. This compares to net loss attributable to common shareholders for the quarter ended December 31, 2017 of $23.6 million, or $0.19 per share. The increase in net income was primarily due to lower losses from property sales, an increase in interest and other income,... More