Curbline Posts $71.1M in Q3 Revenue, Its First Third-Quarter Print
CURB sits 24% above its 52-week low of $22.295.
Summary
Curbline reported third-quarter revenue of $71.1 million, the first hard number from its Q3 report, with third-quarter operating FFO of 32 cents a share, up 14% from a year earlier. That compares with the Q2 operating FFO of $33.3 million and the raised full-year outlook disclosed in the July 28 8-K and 10-Q, so the top line is the first read on whether the convenience-center acquisition push is translating into rent growth. The company has been funding growth aggressively: $823 million in forward equity and $582 million of acquisitions were disclosed with Q2, on top of the $400 million at-the-market program launched in June, so dilution and acquisition pace remain the swing factors. Curbline now sees full-year EPS of 25 cents to 29 cents, and it raised its 2026 operating FFO guidance to $1.25 to $1.27 a share and its 2026 FFO attributable to the company to $1.24 to $1.26 a share.
At the time of this announcement, CURB was trading at $27.60 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $3.1B. The 52-week trading range was $22.30 to $32.15. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.