Plymouth Industrial REIT (PLYM) Tops Q4 EPS by 1c

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Plymouth Industrial REIT Reports Fourth Quarter 2020 Results

February 26, 2021 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, 2020 and other recent developments.

Fourth Quarter and Subsequent Highlights

Reported results for the fourth quarter of 2020 reflect a net loss attributable to common stockholders of $6.0 million, or $(0.24) per weighted average common share; net operating income (NOI) of $19.9 million; Core Funds from Operations (Core FFO) of $0.42 per weighted average common share and units; and Adjusted FFO (AFFO) of $0.38 per weighted average... More