NYSE$VRE
Veris Residentia · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Achieved core FFO of $29.9 million and completed sales of 14 office buildings.
Veris Residential reported a Core FFO of $29.9 million for Q3 2020. The company completed the sales of 14 office buildings across its Suburban portfolio for a gross purchase price of $220.8 million. The residential portfolio was 89.5% leased.
- Achieved Core FFO of $29.9 million, or $0.30 per share.
- Produced AFFO of $21.8 million.
- Residential stabilized operating portfolio finished at 89.5% leased.
- Leased 153,827 square feet of office space and finished at 78.2% leased (excluding Non-Core).
Headline financials
Revenue & EPS history
Veris Residentia · Revenue · Quarterly
$77.7M
Revenue by segment
Veris Residentia · $72.5M total across 3 segments · Q1 2020
- Revenue from leases$65.5M—90.4%
- Parking income$5.27M—7.3%
- Other income$1.72M—2.4%
Forward guidance
The document does not contain forward guidance. Therefore, this object is intentionally left blank.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2020
-0.6%
Avg return
Earnings day
-0.3%
Avg return
5 days after
+0.3%
Avg return
30 days after
41%
28 / 68 earnings
Positive
+12.4%
Q4 2025
Best reaction
-9.9%
Q4 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.1% | +0.2% | +0.4% | |
| Q4 2025 | +12.4% | +12.4% | +12.9% | |
| Q3 2025 | +0.2% | -0.9% | +1.6% | |
| Q2 2025 | +0.5% | +0.8% | +4.9% | |
| Q1 2025 | -2.2% | -4.6% | -9.3% | |
| Q4 2024 | +1.4% | +5.8% | +4.4% | |
| Q3 2024 | -1.8% | -1.5% | +9.1% | |
| Q2 2024 | -0.7% | +1.3% | +7.1% | |
| Q1 2024 | -4.1% | -4.2% | -1.3% | |
| Q4 2023 | -4.5% | -5.8% | -4.9% | |
| Q3 2023 | -8.6% | -14.0% | -12.5% | |
| Q2 2023 | +10.4% | +14.1% | +12.6% | |
| Q1 2023 | +3.9% | +5.1% | +3.5% | |
| Q4 2022 | +1.5% | +1.0% | -14.3% | |
| Q3 2022 | -2.9% | -3.9% | +3.2% | |
| Q2 2022 | -1.0% | +3.2% | -0.2% | |
| Q1 2022 | +0.1% | -9.2% | +1.6% | |
| Q4 2021 | -0.6% | -1.7% | -0.9% | |
| Q3 2021 | +3.7% | +4.8% | -7.4% | |
| Q2 2021 | +1.7% | -1.9% | +0.7% | |
| Q1 2021 | +0.1% | -0.2% | +7.3% | |
| Q4 2020 | -9.9% | -8.1% | +4.4% | |
| Q3 2020 | -6.8% | +15.0% | +27.0% | |
| Q2 2020 | -7.1% | -7.0% | -12.2% | |
| Q1 2020 | +5.1% | +2.2% | +21.0% | |
| Q4 2019 | -4.9% | -3.6% | -30.6% | |
| Q3 2019 | -3.0% | +1.0% | -3.1% | |
| Q2 2019 | -0.4% | -0.8% | -6.5% | |
| Q1 2019 | -1.4% | +1.5% | -2.4% | |
| Q4 2018 | +2.8% | +0.3% | +3.6% | |
| Q3 2018 | -1.0% | -0.1% | +6.1% | |
| Q2 2018 | -1.9% | -1.3% | +12.2% | |
| Q1 2018 | +3.9% | +5.6% | +12.7% | |
| Q4 2017 | -8.4% | -2.8% | -12.6% | |
| Q3 2017 | -6.4% | -1.2% | -6.7% | |
| Q2 2017 | -6.2% | -5.8% | -11.3% | |
| Q1 2017 | +0.0% | -1.6% | -0.1% | |
| Q4 2016 | -0.0% | -0.6% | -8.7% | |
| Q3 2016 | -1.7% | -5.2% | -0.2% | |
| Q2 2016 | -0.4% | -1.4% | -0.6% | |
| Q1 2016 | +3.8% | — | — | |
| Q4 2015 | +4.3% | — | — | |
| Q3 2015 | +0.1% | — | — | |
| Q2 2015 | +4.9% | — | — | |
| Q1 2015 | +2.2% | — | — | |
| Q4 2014 | -1.8% | — | — | |
| Q3 2014 | -3.6% | — | — | |
| Q2 2014 | +0.1% | — | — | |
| Q1 2014 | -0.5% | — | — | |
| Q4 2013 | +0.0% | — | — | |
| Q3 2013 | -0.4% | — | — | |
| Q2 2013 | -1.0% | — | — | |
| Q1 2013 | -1.3% | — | — | |
| Q4 2012 | -1.2% | — | — | |
| Q3 2012 | -4.4% | — | — | |
| Q2 2012 | -4.4% | — | — | |
| Q1 2012 | -1.7% | — | — | |
| Q4 2011 | -2.5% | — | — | |
| Q3 2011 | +4.5% | — | — | |
| Q2 2011 | -0.4% | — | — | |
| Q1 2010 | -0.5% | — | — | |
| Q1 2011 | -1.6% | — | — | |
| Q4 2008 | +1.8% | — | — | |
| Q4 2010 | +1.8% | — | — | |
| Q3 2009 | +0.8% | — | — | |
| Q3 2010 | +0.8% | — | — | |
| Q2 2010 | -0.6% | — | — | |
| Q2 2009 | -0.6% | — | — |
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