Cedar Realty Trust (CDR) Tops Q1 EPS by 22c

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Cedar Realty Trust Reports First Quarter 2021 Results

May 6, 2021 4:05 PM EDT

PORT WASHINGTON, N.Y., May 6, 2021 /PRNewswire/ -- Cedar Realty Trust, Inc. (NYSE:CDR the "Company") today reported results for the first quarter 2021. Net loss attributable to common shareholders was $0.12 per diluted share.  Other highlights include:

First Quarter 2021 Highlights

Operating Funds from operations (FFO) of $0.62 per diluted share for the quarter NAREIT-defined FFO of $0.62 per diluted share for the quarter Collected 95.7% of base rents and monthly charges for the quarter and 96.7% for the month of April Same-property net operating income (NOI) decreased 5.1% for the quarter Signed 31 new and... More