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Centerspace (CSR) Q4 FFO and Revenues Beat Estimates
CSRCenterspace(CSR) ZACKS·2025-02-18 23:56

Core Viewpoint - Centerspace (CSR) reported quarterly funds from operations (FFO) of 1.21pershare,exceedingtheZacksConsensusEstimateof1.21 per share, exceeding the Zacks Consensus Estimate of 1.18 per share, but slightly down from 1.22pershareayearago[1][2]FinancialPerformance−Thecompanyachievedrevenuesof1.22 per share a year ago [1][2] Financial Performance - The company achieved revenues of 66.41 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.43% and up from 64.07millionyear−over−year[2]−Overthelastfourquarters,CenterspacehasexceededconsensusFFOestimatesfourtimes,whileithasonlytoppedconsensusrevenueestimatesonce[2]StockPerformanceandOutlook−Centerspaceshareshavedeclinedapproximately5.764.07 million year-over-year [2] - Over the last four quarters, Centerspace has exceeded consensus FFO estimates four times, while it has only topped consensus revenue estimates once [2] Stock Performance and Outlook - Centerspace shares have declined approximately 5.7% since the beginning of the year, contrasting with a 4% gain in the S&P 500 [3] - The future performance of the stock will largely depend on management's commentary during the earnings call and the outlook for FFO [3][4] Estimate Revisions - The current consensus FFO estimate for the upcoming quarter is 1.21 on revenues of 66.15million,andforthecurrentfiscalyear,itis66.15 million, and for the current fiscal year, it is 4.94 on revenues of $268.09 million [7] - The estimate revisions trend for Centerspace is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The REIT and Equity Trust - Residential industry, to which Centerspace belongs, is currently ranked in the bottom 30% of over 250 Zacks industries, which may negatively impact stock performance [8]