Welcome to our dedicated page for Equity Commonwea news (Ticker: EQC), a resource for investors and traders seeking the latest updates and insights on Equity Commonwea stock.
Equity Commonwealth (EQC) is a self-advised REIT specializing in commercial office properties across major U.S. urban markets. This page provides investors and stakeholders with timely access to official press releases, financial announcements, and strategic updates directly from the company.
Track EQC's latest developments including quarterly earnings, property acquisitions, leadership changes, and operational milestones. Our curated news feed ensures you stay informed about this internally managed REIT's disciplined approach to portfolio growth and tenant satisfaction.
Key updates cover rental revenue trends, market expansion initiatives, and corporate governance practices aligned with EQC's focus on transparency. Bookmark this page for efficient monitoring of material events affecting one of commercial real estate's most focused office REITs.
Equity Commonwealth (NYSE: EQC) achieved net income of $10.2 million ($0.09 per diluted share) for Q3 2022, rebounding from a net loss of $4.8 million in Q3 2021. This improvement was primarily driven by increased interest income due to higher average rates. Funds from Operations (FFO) were reported at $14.5 million ($0.13 per diluted share), a significant recovery from the prior year's negative FFO. As of September 30, 2022, cash reserves stood at $2.7 billion, while the same property portfolio was 83.4% leased. The company also declared a special cash distribution of $1.00 per share.
Equity Commonwealth (NYSE: EQC) announced a quarterly dividend of
Equity Commonwealth (NYSE: EQC) will release its third quarter 2022 operating results on October 25, 2022, after market close. A conference call for discussion of these results will take place on October 26, 2022, at 9:00 am Central Time, available via live audio webcast on the company’s website. Equity Commonwealth, based in Chicago, is a self-advised REIT focusing on commercial office properties across the United States, with a portfolio consisting of 4 properties totaling 1.5 million square feet.
Equity Commonwealth (NYSE: EQC) has declared a special cash distribution of
Equity Commonwealth (NYSE: EQC) reported a net income of $0.9 million for Q2 2022, reversing a net loss of $3.9 million in Q2 2021. This improvement was driven by increased interest income due to higher average interest rates. Funds from Operations (FFO) rose to $5.2 million, compared to $0.4 million in the previous year. The company achieved an 8.0% increase in same property Net Operating Income (NOI) and a 12.3% increase in same property cash NOI. As of June 30, 2022, the company repurchased 1.4 million shares, with $164.7 million remaining in its repurchase program.
Equity Commonwealth (NYSE: EQC) has declared a quarterly dividend of $0.40625 per Series D Preferred Share. This dividend will be distributed on August 15, 2022 to shareholders on record as of July 29, 2022, covering the period from May 15, 2022 to August 14, 2022. The company, based in Chicago, operates a portfolio of 4 commercial properties totaling 1.5 million square feet. Investors are encouraged to monitor EQC’s website for material disclosures pertaining to the company.
Equity Commonwealth (NYSE: EQC) will release its Q2 2022 operating results on August 1, 2022, after market close. A conference call to discuss these results is scheduled for August 2, 2022, at 9:00 am CT. The call will be accessible via a live audio webcast on the company's website.
Based in Chicago, EQC is an internally managed REIT with a portfolio of 4 commercial office properties totaling 1.5 million square feet.
Equity Commonwealth (NYSE: EQC) reported net loss attributable to common shareholders of $0.7 million, or $0.01 per diluted share, for Q1 2022, an improvement from a net loss of $12.0 million, or $0.10 per diluted share, in Q1 2021. Funds from Operations (FFO) reached $3.7 million, or $0.03 per diluted share, versus $(7.7) million, or $(0.06) per diluted share, in the prior year. The same property portfolio increased cash NOI by 30% largely due to a previously reserved receivable collection. The Board authorized a $150 million share repurchase program, with $198.2 million remaining as of May 3, 2022.
Equity Commonwealth (NYSE: EQC) has declared a quarterly dividend of
Equity Commonwealth (NYSE: EQC) is set to release its first quarter 2022 operating results on May 4, 2022, after trading hours. A conference call will follow on May 5, 2022, at 9:00 am Central Time to discuss the results, available via live audio webcast on the company's website. Equity Commonwealth is a Chicago-based self-advised REIT focusing on commercial office properties, boasting a portfolio of 4 properties totaling 1.5 million square feet.
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