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Stock impact report

FREIT Announces First Quarter 2024 Results [Yahoo! Finance]

FIRST REAL EST INV TR NJ (FREVS) 
NASDAQ:AMEX Investor Relations: freitnj.com/investor-relations
Company Research Source: Yahoo! Finance
operating results for the fiscal quarter ended January 31, 2024 . The results of operations as presented in this earnings release are unaudited and are not necessarily indicative of future results. FINANCIAL HIGHLIGHTS & OPERATING STATISTICS For the Fiscal Quarter Ended January 31, GAAP (Loss) Earnings Per Share - Basic and Diluted AFFO Per Share - Basic and Diluted Dividends Per Share Total Average Residential Occupancy 95.3 % 96.8 % Total Average Commercial Occupancy 50.1 % 66.4 % Results for the Quarter Total real estate revenue increased 0.3% to approximately for the first quarter ended January 31, 2024 as compared to approximately for the prior year's comparable period. This minor change in revenue was primarily attributable to an increase in the residential segment of approximately in base rents which offset the decline in the average occupancy rate to 95.3% from 96.8% in the prior year's comparable period. This increase was offset by a decrease from Show less Read more
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