Oct 22, 6:40 AM ET
Curbline Properties reported third-quarter 2026 results with total revenues of $71.1 million, up from $48.6 million a year earlier. Net income attributable to Curbline fell to $7.4 million, or $0.06 per diluted share, from $9.3 million, or $0.09, while Operating FFO rose to $37.4 million, or $0.32 per diluted share, from $29.5 million, or $0.28. The company cut its 2026 net income per-share guidance to $0.25 to $0.29 and raised its Operating FFO guidance to $1.25 to $1.27.
- Q3 2026 net income attributable to Curbline was $7.4 million, or $0.06 per diluted share, versus $9.3 million, or $0.09, in Q3 2025.
- Q3 2026 Operating FFO was $37.4 million, or $0.32 per diluted share, versus $29.5 million, or $0.28, in Q3 2025.
- 2026 net income per-share guidance was lowered to $0.25 to $0.29 from $0.27 to $0.32.
- 2026 Operating FFO per-share guidance was raised to $1.25 to $1.27 from $1.24 to $1.26.
Read the filing on SEC.gov ↗
Jul 28, 6:45 AM ET
Curbline Properties reported second-quarter 2026 net income attributable to the company of $6.9 million, or $0.06 per diluted share, down from $10.4 million, or $0.10, a year earlier. Operating FFO rose to $33.3 million, or $0.31 per diluted share, from $26.9 million, or $0.26, and the company raised its 2026 Operating FFO guidance to $1.24 to $1.26 per diluted share, while lowering its net income guidance to $0.27 to $0.32 per diluted share. For shareholders, the filing shows higher operating earnings alongside lower GAAP earnings and a reduced GAAP net income outlook.
- Q2 2026 net income attributable to Curbline was $6.9 million, or $0.06 per diluted share, versus $10.4 million, or $0.10, in Q2 2025, mainly due to higher interest and depreciation and amortization expense.
- Q2 2026 Operating FFO was $33.3 million, or $0.31 per diluted share, versus $26.9 million, or $0.26, a year earlier.
- 2026 Operating FFO guidance was raised to $1.24 to $1.26 per diluted share from $1.20 to $1.23.
- 2026 net income guidance was lowered to $0.27 to $0.32 per diluted share from $0.29 to $0.36. During Q2 2026, Curbline acquired 30 convenience shopping centers for $374.1 million.
Read the filing on SEC.gov ↗
Jun 25, 4:05 PM ET
Curbline Properties amended and restated the employment agreements of CFO Conor Fennerty and Chief Investment Officer John Cattonar on June 25, 2026, extending their terms through June 25, 2029, when the prior agreements were set to expire on September 30, 2026. The filing raises base salaries and adds backloaded restricted stock awards tied to the extension, which the company says are meant to retain both executives.
- Fennerty base salary rises from $600,000 to $650,000; Cattonar base salary rises from $500,000 to $550,000.
- Fennerty receives a $1,500,000 backloaded restricted stock award; Cattonar receives a $1,370,000 award, each with five-year vesting (50% vests on the fifth anniversary).
- Annual time-based equity awards move to three-year ratable vesting, and change-in-control severance protections are added for qualifying terminations within three months before a change in control.
Read the filing on SEC.gov ↗
Jun 2, 8:07 AM ET
Curbline Properties Corp. entered into an equity sales agreement allowing it to sell up to $400 million of common stock through a group of sales agents and forward purchasers over time. The agreement replaces a prior at-the-market program that was terminated, which had about $7.1 million of unsold shares and about $199.9 million of shares tied to outstanding forward sale agreements. Share sales could dilute existing shareholders, and the company intends to use proceeds for general corporate purposes, including property acquisitions.
- Up to $400 million of common stock may be offered and sold from time to time under the agreement dated June 2, 2026
- Agents may receive commissions of up to 2.0% of gross sales price
- Prior at-the-market program terminated; about $7.1 million unsold and about $199.9 million subject to outstanding forward sale agreements
- Shares issued under a Form S-3 shelf filed October 1, 2025 and a June 2, 2026 prospectus supplement
Read the filing on SEC.gov ↗
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.
