Cedar Realty Trust (CDR) Posts Q2 EPS of $3.52

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Go back to Cedar Realty Trust (CDR) Posts Q2 EPS of $3.52

Cedar Realty Trust Reports Second Quarter 2021 Results

July 29, 2021 4:05 PM EDT

MASSAPEQUA, N.Y., July 29, 2021 /PRNewswire/ -- Cedar Realty Trust, Inc. (NYSE: CDR the "Company") today reported results for the second quarter of 2021. Net income attributable to common shareholders was $3.52 per diluted share.  Other highlights include:

Operating Highlights

NAREIT-defined Funds from operations (FFO) of $0.59 per diluted share for the quarter Operating FFO of $0.61 per diluted share for the quarter Collected 96.8% of base rents and monthly charges for the quarter Same-property net operating income (NOI) increased 8.2% for the quarter Signed 38 comparable leases for 199,300 square feet... More