WashREIT (NYSE: WRE) will announce its third quarter earnings on October 29, 2020, after market close. A conference call is scheduled for October 30, 2020, at 11:00 am ET, with various access numbers provided for US and international participants. The live webcast will be available on the company’s investor website. WashREIT owns and operates a diversified portfolio of 45 properties in the Washington, DC Metro area, including over 3.7 million square feet of commercial space and 6,861 multifamily units, boasting an enterprise value of approximately $3.0 billion.
Washington Real Estate Investment Trust (WRE) reported a net loss of $5.4 million for Q2 2020, totaling $0.07 per diluted share, largely due to asset sales. NAREIT FFO was $31.7 million, or $0.38 per diluted share, while core FFO stood at $0.39. The company's net operating income fell to $46 million, with same-store NOI declining by 4.5%. However, multifamily NOI showed a slight increase of 0.7%. Liquidity remains strong at $530 million. The company declared a quarterly dividend of $0.30 per share, payable on October 5, 2020.
WashREIT (NYSE: WRE) will announce its second quarter earnings on July 28, 2020, after market close. A conference call for investors is scheduled for July 29, 2020, at 9:00 am ET, with live access via the investor section of their website. WashREIT's portfolio includes 45 properties, encompassing over 3.7 million square feet of commercial space and 6,861 multifamily units, totaling an enterprise value exceeding $3 billion. Interested parties can find replay details and call-in numbers in the release.