Centerspace Q2 FY26 net loss narrows to $0.07 per share; revenue falls 4% to $65.8 million

Reuters2026/08/03 20:27

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Centerspace posted a net loss of $0.07 per diluted share in Q2 2026, narrowing from a $0.87 loss a year earlier.
Revenue fell 4% to $65.8 million, primarily due to the sale of 12 apartment communities in the prior year.
FFO per diluted share (non-GAAP) edged down to $1.20 from $1.24, while Core FFO per diluted share (non-GAAP) slipped to $1.27 from $1.28.
Same-store NOI (non-GAAP) rose 0.3% year over year; weighted average occupancy was 96%.
Full-year 2026 outlook was cut, with FFO per diluted share (non-GAAP) seen at $4.37-$4.5 and Core FFO at $4.58-$4.68 on disposition activity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Centerspace published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608031615PR_NEWS_USPR_____CG17791) on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Centerspace Q2 FY26 net loss narrows to $0.07 per share; revenue falls 4% to $65.8 million

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