NYSE$CURB

Curbline Properties Corp · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Reported a strong start in its inaugural quarter as an independent publicly traded company, closing on the acquisition of 20 convenience shopping centers and a $500 million credit facility.

Curbline Properties reported strong Q4 2024 results, marking its first quarter as an independent publicly traded company. The company acquired 20 convenience shopping centers for $206.1 million and secured a $500 million credit facility. Net income attributable to Curbline was $11.5 million, or $0.11 per diluted share, and Operating FFO was $23.8 million, or $0.23 per diluted share.

  • Completed spin-off from SITE Centers Corp. on October 1, 2024.
  • Net income attributable to Curbline was $11.5 million, or $0.11 per diluted share.
  • Operating FFO was $23.8 million, or $0.23 per diluted share.
  • Acquired 20 convenience shopping centers for $206.1 million.
  • Closed on a $500 million credit facility.

Headline financials

Total Revenue

$34.9M

No prior period
EPS (adj)

$0.22

No prior period
Leased Rate

95.5%

No prior period
Same-Property NOI % Change

3.0%

No prior period
Net Income

$11.5M

No prior period
Operating Income

$26.2M

No prior period

Revenue & EPS history

Curbline Properties Corp · Revenue · Quarterly

$34.9M

Q4 2024
Beat estimate in 6 of 6 quarters(100%)
ActualEstimate

Forward guidance

The Company estimates net income attributable to Curbline for 2025 to be from $0.48 to $0.56 per diluted share and Operating FFO to be from $0.97 to $1.01 per diluted share. The Company does not include a projection of gains or losses on asset sales, transaction costs or debt extinguishment costs in guidance.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 7 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+0.1%

Avg return

Earnings day

-2.4%

Avg return

5 days after

-1.5%

Avg return

30 days after

43%

3 / 7 earnings

Positive

+3.3%

Q1 2026

Best reaction

-2.1%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.3%-3.0%+2.7%
Q4 2025+1.5%+3.7%+6.0%
Q3 2025-2.1%-6.8%-3.4%
Q2 2025-1.8%-6.3%-3.4%
Q1 2025-1.5%-2.2%-4.7%
Q4 2024+1.7%+0.5%-5.6%
Q3 2024-0.3%-2.6%-2.1%

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