Seritage Growth Properties Reports Fourth Quarter and Full Year 2018 Operating Results

Go back to Seritage Growth Properties Reports Fourth Quarter and Full Year 2018 Operating Results

Seritage Growth Properties (SRG) Reports Q4 Loss of $1.57

February 28, 2019 4:50 PM EST

Seritage Growth Properties (NYSE: SRG) reported Q4 EPS of ($1.57), versus ($1.27) reported last year. Revenue for the quarter came in at $55.11 million, versus $53.68 million reported last year.

Net loss attributable to common shareholders of $56.0 million, or $1.57 per shareTotal Net Operating Income (Total NOI) of $34.1 millionFunds from Operations (FFO) of $7.0 million, or $0.13 per shareCompany FFO of ($4.4) million, or ($0.08) per share

We are very pleased with our fourth quarter performance, which included... More