Franklin Street Properties (FSP) Tops Q4 EPS by 2c, Revenues Beat; Offers FY20 EPS Guidance Below Consensus

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Go back to Franklin Street Properties (FSP) Tops Q4 EPS by 2c, Revenues Beat; Offers FY20 EPS Guidance Below Consensus

Franklin Street Properties Corp. Announces Fourth Quarter / Annual 2019 Results and 2020 Guidance

February 11, 2020 4:36 PM EST

WAKEFIELD, Mass.--(BUSINESS WIRE)-- Franklin Street Properties Corp. (the Company, FSP, we or our) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the fourth quarter and year ended December 31, 2019.

George J. Carter, Chairman and Chief Executive Officer, commented as follows:

Leasing activity for full-year 2019 continued its strong pace of the previous year and as we begin 2020, prospective new tenant interest at our 32 operating and 3 redevelopment properties has never been stronger. Our goal is for 2020, the third year of a large lease roll period in our portfolio that... More