Equity Commonwealth (EQC) Reports Q1 EPS of $0.19
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Equity Commonwealth Reports First Quarter 2023 Results
May 3, 2023 4:15 PM EDTCHICAGO--(BUSINESS WIRE)-- Equity Commonwealth (NYSE: EQC) today reported financial results for the quarter ended March 31, 2023.
Financial results for the quarter ended March 31, 2023
Net income attributable to common shareholders was $20.7 million, or $0.19 per diluted share, for the quarter ended March 31, 2023. This compares to net loss attributable to common shareholders of $0.7 million, or $0.01 per diluted share, for the quarter ended March 31, 2022. The increase in net income was primarily due to an increase in interest income from higher average interest rates.
Funds from Operations, or FFO, as defined by the National... More
