Saul Centers Q2 revenue rises to $66.9 million; net income up to $19.5 million
Saul Centers reported second quarter 2024 results, with total revenue of $66.9 million, up from $63.7 million a year earlier. Net income available to common stockholders rose to $11.6 million, or $0.48 per share, from $10.4 million, or $0.43 per share, supported by higher lease termination fees and rent.
Key points
- Total revenue for the quarter ended June 30, 2024 was $66.9 million, up from $63.7 million for the same quarter of 2023.
- Net income available to common stockholders was $11.6 million, or $0.48 per basic and diluted share, compared with $0.43 a year earlier.
- FFO available to common stockholders and noncontrolling interests was $28.5 million, or $0.83 per basic and diluted share, versus $0.79 basic and $0.78 diluted in the 2023 quarter.
- As of June 30, 2024, 95.8% of the commercial portfolio was leased, up from 94.0% a year earlier.
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 August 01, 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.