Plymouth Industrial REIT (PLYM) Reports Q4 Loss of $0.44, Revenues Beat; Offers FY20 EPS Guidance

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Go back to Plymouth Industrial REIT (PLYM) Reports Q4 Loss of $0.44, Revenues Beat; Offers FY20 EPS Guidance

Plymouth Industrial REIT Reports Fourth Quarter Results

February 27, 2020 7:00 AM EST

BOSTON--(BUSINESS WIRE)-- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the Company) today announced its consolidated financial results for the fourth quarter ended December 31, 2019 and other recent developments.

Fourth Quarter and Subsequent Highlights

Reported results for the fourth quarter of 2019 reflect a net loss attributable to common stockholders of $5.9 million, or $(0.44) per weighted average common share; net operating income (NOI) of $14.5 million; Funds from Operations attributable to common stockholders and unit holders (FFO) of $0.48 per weighted average common share and units; and Adjusted FFO (AFFO) of... More