City Office REIT Reports First Quarter 2021 Results
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City Office REIT (CIO) Tops Q1 EPS by $1.11
May 7, 2021 6:15 AM EDTCity Office REIT (NYSE: CIO) reported Q1 EPS of $1.07, $1.11 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $39.5 million versus the consensus estimate of $39.93 million.
First Quarter Highlights
Rental and other revenues were $39.5 million. GAAP net income attributable to common stockholders was approximately $47.0 million, or $1.07 per fully diluted share;Core FFO was approximately $14.5 million, or $0.33 per fully diluted share;AFFO was approximately $11.2 million, or $0.26 per fully diluted share;Collected over 99% of first... More