City Office REIT Reports Fourth Quarter and Full Year 2019 Results
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City Office REIT (CIO) Tops Q4 EPS by 6c
February 26, 2020 5:57 AM ESTCity Office REIT (NYSE: CIO) reported Q4 EPS of $0.02, $0.06 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $39.06 million versus the consensus estimate of $40.29 million.
Fourth Quarter Highlights
GAAP net income attributable to common stockholders was approximately $1.0 million, or $0.02 per fully diluted share;Core FFO was approximately $13.4 million, or $0.25 per fully diluted share;AFFO was approximately $7.9 million, or $0.14 per fully diluted share;In-place occupancy closed the quarter at... More