More on Silver Bay results

|About: Silver Bay Realty Trust ... (SBY)|By:, SA News Editor

FFO of $2.1M or $0.05 per share (up 42% Q/Q)

Revenue of $18.1M (up 9%)

Estimated NAV of $20.35 (up $0.14). NAV is based on estimated value of properties. Book value per share of $16.90 slips from $17.06.

Portfolio size of 5,748 properties, with 327 additional ones leased in Q1.

Occupancy rate of stabilized properties of 95% (from 93%).

Occupancy rate of total portfolio of 92% (88%)

Average monthly rent of $1,163 ($1,162)

155,657 shares repurchased at average price of $15.66 each.

CC at 10 ET

Previously: Silver Bay Realty misses by $0.02, misses on revenue

SBY no trades premarket