Curbline Properties Reports First Quarter 2026 Results
Curbline Properties reported Q1 Operating FFO of $29.9 million, or $0.28 per share, up from $25.1 million in the prior year, while net income declined to $3.6 million due to higher interest expenses and depreciation. The company acquired $142.4 million of convenience shopping centers during the quarter and achieved 4.8% same-property NOI growth, prompting management to raise full-year 2026 OFFO guidance to $1.20-$1.23 per share.
Key figures
- Eps
- 0.03
- Guidance
- 2026 Operating FFO $1.20-$1.23 per share (raised from $1.17-$1.21)
- Offering Price
- 25.5
- Shares Offered
- 9200000
- Q1 acquisitions usd
- 142400000
- Spnoi growth percent
- 4.8
- Q2 to date acquisitions usd
- 93800000
AI analysis
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