Veris Residential Reports Q3 2024 Earnings with Improved Core FFO and Reduced Net Loss
Veris Residential (VRE) reported Q3 2024 earnings with a 42% increase in core FFO per share to $0.17 and a reduced net loss per share to $0.10 from $0.60 a year ago. Same-store NOI growth was 8.4% for the quarter, driven by favorable insurance and tax adjustments, while occupancy remained strong at 95.1%.
Tickers: $VRE
Topics: Earnings FFO Net Loss Occupancy Rates Rental Growth Revenue Growth