Cedar Realty Trust (CDR) Tops Q3 EPS by 5c

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Go back to Cedar Realty Trust (CDR) Tops Q3 EPS by 5c

Cedar Realty Trust Reports Third Quarter 2020 Results And COVID-19 Update

October 29, 2020 4:05 PM EDT

PORT WASHINGTON, N.Y., Oct. 29, 2020 /PRNewswire/ -- Cedar Realty Trust, Inc. (NYSE: CDR the "Company") today reported results for the third quarter 2020. Net loss attributable to common shareholders was $(0.02) per diluted share compared to net loss of $(0.00) per diluted share for the comparable 2019 period.  Other highlights include:

Third Quarter 2020 Highlights

NAREIT-defined FFO and Operating FFO of $0.09 per diluted share compared to $0.06 for the prior quarter Same-property net operating income (NOI) decreased 9.1% compared to a 14.6% decrease in the prior quarter Collected 91% of base rents and monthly charges compared to 77% in the... More