City Office REIT Reports First Quarter 2019 Results

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City Office REIT (CIO) Tops Q1 EPS by 2c, Revenues Beat

May 3, 2019 6:08 AM EDT

City Office REIT (NYSE: CIO) reported Q1 EPS of ($0.07), $0.02 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $37.12 million versus the consensus estimate of $36.06 million.

GAAP net loss attributable to common stockholders was approximately $2.9 million, or ($0.07) per fully diluted share;Core FFO was approximately $11.8 million, or $0.29 per fully diluted share;AFFO was approximately $8.3 million, or $0.21 per fully diluted share;Same Store Cash NOI... More