JBG Smith Properties: Q3 Earnings Snapshot

BETHESDA, Md. (AP) — BETHESDA, Md. (AP) — JBG Smith Properties (JBGS) on Tuesday reported a key measure of profitability in its third quarter.

The Bethesda, Maryland-based real estate investment trust said it had funds from operations of $41 million, or 40 cents per share, in the period.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had a loss of $58 million, or 58 cents per share.

The real estate investment trust, based in Bethesda, Maryland, posted revenue of $151.6 million in the period. Its adjusted revenue was $120.3 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JBGS at https://www.zacks.com/ap/JBGS