Centerspace Q2 FY26 net loss narrows to $0.07 per share; revenue falls 4% to $65.8 million - CSR News | RalliesCenterspace Q2 FY26 net loss narrows to $0.07 per share; revenue falls 4% to $65.8 million
C
CSR• Full-year outlook
- Full-year 2026 outlook was cut, with FFO per diluted share (non-GAAP) seen at $4.37-$4.5 and Core FFO at $4.58-$4.68 on disposition activity.
Q2 results and operating metrics
- Centerspace posted a net loss of $0.07 per diluted share in Q2 2026, narrowing from a $0.87 loss a year earlier.
- Revenue fell 4% to $65.8 million, primarily due to the sale of 12 apartment communities in the prior year.
- FFO per diluted share (non-GAAP) edged down to $1.20 from $1.24, while Core FFO per diluted share (non-GAAP) slipped to $1.27 from $1.28.
- Same-store NOI (non-GAAP) rose 0.3% year over year; weighted average occupancy was 96%.
•
