Saul Centers Q1 revenue rises to $66.7 million; EPS flat at $0.45
Saul Centers reported first-quarter 2024 results, with total revenue of $66.7 million, up from $63.0 million a year earlier. Net income available to common stockholders was $10.8 million, or $0.45 per share, matching the prior-year figure, so higher rental income did not lift per-share earnings.
Key points
- Total revenue for the quarter ended March 31, 2024 was $66.7 million, versus $63.0 million in the 2023 quarter.
- Net income rose to $18.3 million from $17.7 million; net income available to common stockholders was $10.8 million, or $0.45 per share, unchanged from the prior year.
- FFO available to common stockholders and noncontrolling interests was $0.80 per diluted share, versus $0.79 a year earlier; the commercial portfolio was 94.6% leased versus 93.9%.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 02, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.