Seritage Growth Properties Reports Fourth Quarter and Full Year 2019 Operating Results

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Seritage Growth Properties (SRG) Reports Q4 Loss of $0.70 on Revenues of $36.63M

February 27, 2020 4:54 PM EST

Seritage Growth Properties (NYSE: SRG) reported Q4 EPS of ($0.70), versus ($1.57) reported last year. Revenue for the quarter came in at $36.63 million, versus $55.11 million reported last year.

For the quarter ended December 31, 2019:

Net loss attributable to common shareholders of $25.9 million, or $0.70 per shareTotal Net Operating Income (Total NOI) of $19.1 millionFunds from Operations (FFO) of ($20.1) million, or ($0.36)... More