AI brief of an SEC Form 8-K · JBG Smith (JBGS)

JBG SMITH posts Q3 net loss of $58.0 million; Core FFO $0.40 per diluted share

Mixed Impact 3 of 5 earnings Written later

JBG SMITH reported a third-quarter 2023 net loss of $58.0 million, or $0.58 per diluted share, which includes $59.3 million of impairment losses on real estate assets recorded during the preparation of its financial statements. Core FFO attributable to common shareholders was $41.0 million, or $0.40 per diluted share, compared with $41.2 million, or $0.36 per diluted share, a year earlier, and the company declared a $0.225 quarterly dividend.

Key points

Q3 2023 net loss of $58.0 million ($0.58 per diluted share), versus a net loss of $19.3 million ($0.17 per diluted share) in Q3 2022
Core FFO of $41.0 million ($0.40 per diluted share) in Q3 2023, versus $41.2 million ($0.36 per diluted share) in Q3 2022
Repurchased and retired 7.9 million common shares for $120.8 million in the quarter
Quarterly dividend of $0.225 per share declared October 31, 2023, payable December 1, 2023

The filing

CompanyJBG Smith (JBGS)

Form8-K, current report

Filed with the SECNov 7, 2023, 4:15 PM ET

Accession number0001558370-23-018002

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing 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 November 07, 2023.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.