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Stock impact report

Armada Hoffler Reports First Quarter 2024 Results

Armada Hoffler Properties, Inc. (AHH) 
Last armada hoffler properties, inc. earnings: 4/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.armadahoffler.com
Company Research Source: GlobeNewswire
Net Income of $0.17 Per Diluted Share Normalized FFO of $0.33 Per Diluted Share Multifamily Same Store NOI Growth of 2.6% (GAAP) and 2.5% (Cash) Positive Renewal Spreads on Commercial Leases of 11.5% (GAAP) and 3.7% (Cash) Maintained 2024 Full-Year Normalized FFO Guidance Range of $1.21 to $1.27 Per Diluted Share VIRGINIA BEACH, Va., May 09, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) today announced its results for the quarter ended March 31, 2024 and provided an update on current events and earnings guidance. First Quarter and Recent Highlights: Net income attributable to common stockholders and OP Unit holders of $14.8 million, or $0.17 per diluted share, compared to $2.4 million, or $0.03 per diluted share, for the three months ended March 31, 2023. Funds from operations attributable to common stockholders and OP Unit holders ("FFO") of $35.0 million, or $0.40 per diluted share, compared to $20.6 million, or $0.23 per diluted share, for the thre Show less Read more
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