Curbline raises 2026 Operating FFO guidance to $1.24-$1.26 per diluted share
Company lowers 2026 net income guidance to $0.27-$0.32 per diluted share
Curbline says it has funding in place for revised investment pipeline
Result drivers
Asset acquisitions - Q2 operating FFO rose year over year mainly due to the net impact of asset acquisitions, partially offset by higher interest expense and increased share count
Higher interest and depreciation - Net income and EPS declined year over year, mainly due to increased interest expense and higher depreciation and amortization
Leasing activity - Leasing spreads remained strong and the leased rate increased slightly, reflecting an acceleration in net leasing activity
Key details and analyst coverage
Metric
Actual
Q2 EPS
$0.06
Q2 Net Income
$6.93 mln
Q2 Pretax Profit
$6.99 mln
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the real estate rental, development & operations peer group is "buy"
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