Equity Commonwealth (EQC) Misses Q3 EPS by 1c

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Equity Commonwealth Reports Third Quarter 2021 Results

October 27, 2021 4:15 PM EDT

CHICAGO--(BUSINESS WIRE)-- Equity Commonwealth (NYSE: EQC) today reported financial results for the quarter ended September 30, 2021.

Financial results for the quarter ended September 30, 2021

Net loss attributable to common shareholders was $4.8 million, or $0.04 per diluted share, for the quarter ended September 30, 2021. This compares to net loss attributable to common shareholders of $1.6 million, or $0.01 per diluted share, for the quarter ended September 30, 2020. The decline in net income was primarily due to a decrease in lease termination income.

Funds from Operations, or FFO, as defined by the National Association of Real Estate Investment Trusts, for... More