- Q3 recurring FFO of $40.6M or $0.31 per share vs. $39.3M and $0.30 one year ago.
- Same-property NOI up 2.5% Y/Y, but does not include two assets in redevelopment that have stabilized, but are not included in same-property pool. Adjusting for this, same-property NOI increased 3.9%.
- Portfolio occupancy of 94.4% up 200 basis points from a year ago. On a same-property basis, occupancy increased 10 bps.
- CFO Mark Langer intends to exit when his contract expires on June 30, and company is engaged in a search for a replacement.
- Full-year recurring FFO guidance of $1.27-$1.28 vs. $1.25-$1.28 previously.
- Conference call tomorrow at 9 ET
- Previously: Equity One beats by $0.01, misses on revenue
- EQY flat AH