NYSE$BFS
Saul Centers Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Reported an increase in revenue driven by higher commercial and residential base rents, but experienced a slight decrease in FFO due to increased interest expenses.
Saul Centers, Inc. reported an increase in total revenue and net income for the quarter ended June 30, 2023. Total revenue increased to $63.7 million, and net income increased to $17.2 million. However, FFO available to common stockholders and noncontrolling interests decreased slightly to $26.5 million.
- Total revenue increased to $63.7 million from $60.3 million year-over-year.
- Net income increased to $17.2 million from $17.0 million year-over-year.
- Net income available to common stockholders increased to $10.4 million, or $0.43 per basic and diluted share, from $10.2 million, or $0.43 per basic and diluted share, year-over-year.
- FFO available to common stockholders and noncontrolling interests decreased to $26.5 million, or $0.79 per basic share and $0.78 per diluted share.
Headline financials
Revenue & EPS history
Saul Centers · Revenue · Quarterly
$63.7M
Revenue by segment
Saul Centers · $63.7M total across 2 segments · Q2 2023
- Shopping Centers$44M+4.6%69.0%
- Mixed-Use Properties$19.7M+8.1%31.0%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
-0.4%
Avg return
Earnings day
-0.7%
Avg return
5 days after
+1.4%
Avg return
30 days after
42%
27 / 64 earnings
Positive
+5.2%
Q1 2019
Best reaction
-9.7%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.2% | -0.2% | +6.2% | |
| Q4 2025 | +1.1% | +1.1% | -4.1% | |
| Q3 2025 | +2.4% | -0.9% | +1.2% | |
| Q1 2025 | -0.2% | -5.3% | +0.5% | |
| Q4 2024 | -1.9% | -3.7% | -3.7% | |
| Q3 2024 | +2.2% | -0.6% | -2.4% | |
| Q2 2024 | -1.8% | -4.1% | +3.2% | |
| Q1 2024 | -2.3% | -1.4% | -1.2% | |
| Q4 2023 | +3.7% | +3.7% | +7.6% | |
| Q3 2023 | +4.9% | +1.4% | +9.2% | |
| Q2 2023 | -4.0% | -1.6% | -2.4% | |
| Q1 2023 | -3.7% | -5.5% | +2.2% | |
| Q4 2022 | +2.2% | -3.5% | -2.2% | |
| Q3 2022 | -5.3% | +3.4% | -0.0% | |
| Q2 2022 | -2.2% | -6.3% | -12.6% | |
| Q1 2022 | -3.7% | -8.6% | -7.4% | |
| Q4 2021 | +2.5% | -0.3% | +8.9% | |
| Q3 2021 | +3.8% | +4.4% | +3.0% | |
| Q2 2021 | +4.9% | +4.3% | +2.1% | |
| Q1 2021 | +2.5% | -0.1% | +3.4% | |
| Q4 2020 | -7.1% | -5.8% | +7.6% | |
| Q3 2020 | -3.5% | +18.8% | +35.6% | |
| Q2 2020 | +2.2% | +5.0% | -8.4% | |
| Q1 2020 | -2.8% | -4.9% | +25.8% | |
| Q4 2019 | -9.7% | -8.7% | -31.5% | |
| Q3 2019 | -1.5% | -3.6% | -2.8% | |
| Q2 2019 | +3.3% | +1.4% | -1.5% | |
| Q1 2019 | +5.2% | +1.4% | +0.4% | |
| Q4 2018 | -0.5% | +0.8% | -8.6% | |
| Q3 2018 | +3.1% | +6.4% | +10.2% | |
| Q2 2018 | +3.0% | +3.0% | +12.6% | |
| Q1 2018 | -0.5% | -0.7% | +0.5% | |
| Q4 2017 | -4.8% | -3.5% | -0.8% | |
| Q3 2017 | -2.1% | -1.5% | +4.2% | |
| Q2 2017 | +1.1% | +0.4% | +2.4% | |
| Q1 2017 | -1.8% | -3.2% | -2.9% | |
| Q4 2016 | -1.3% | -3.4% | -1.5% | |
| Q3 2016 | -1.5% | -2.2% | +3.2% | |
| Q2 2016 | -2.3% | -1.4% | -1.1% | |
| Q1 2016 | +4.1% | — | — | |
| Q4 2015 | +4.4% | — | — | |
| Q3 2015 | +0.0% | — | — | |
| Q2 2015 | -0.4% | — | — | |
| Q1 2015 | -1.0% | — | — | |
| Q4 2014 | -0.8% | — | — | |
| Q3 2014 | +0.8% | — | — | |
| Q2 2014 | -1.2% | — | — | |
| Q1 2014 | +2.1% | — | — | |
| Q4 2013 | +3.9% | — | — | |
| Q3 2013 | +0.3% | — | — | |
| Q2 2013 | +0.7% | — | — | |
| Q1 2013 | +1.4% | — | — | |
| Q4 2012 | -3.4% | — | — | |
| Q3 2012 | +1.1% | — | — | |
| Q2 2012 | -0.9% | — | — | |
| Q1 2012 | -2.0% | — | — | |
| Q4 2011 | +0.1% | — | — | |
| Q3 2011 | -3.9% | — | — | |
| Q2 2010 | -1.1% | — | — | |
| Q2 2011 | -1.1% | — | — | |
| Q1 2011 | -2.1% | — | — | |
| Q4 2010 | -1.9% | — | — | |
| Q3 2010 | -0.6% | — | — | |
| Q1 2010 | -3.3% | — | — |
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