Innovative Industrial Properties Inc. (IIPR) Misses Q1 EPS by 4c

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Go back to Innovative Industrial Properties Inc. (IIPR) Misses Q1 EPS by 4c

Innovative Industrial Properties Reports First Quarter 2022 Results

May 4, 2022 4:10 PM EDT

Generated Q1 2022 YOY Growth of 50% in Total Revenues, 36% in Net Income and 40% in AFFO

SAN DIEGO--(BUSINESS WIRE)-- Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today results for the first quarter ended March 31, 2022.

First Quarter 2022 and Year-to-Date Highlights

Financial Results and Capital Activity

Generated total revenues of approximately $64.5 million in the quarter, representing a 50% increase from the prior years... More