City Office REIT Reports Third Quarter 2020 Results
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City Office REIT (CIO) Tops Q3 EPS by 4c, Revenues Beat
November 5, 2020 6:59 AM ESTCity Office REIT (NYSE: CIO) reported Q3 EPS of $0.02, $0.04 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $41.26 million versus the consensus estimate of $39.82 million.
Third 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 $15.3 million, or $0.35 per fully diluted share;AFFO was approximately $9.9 million, or $0.22 per fully diluted share;To date, collected over 99% of... More