JBG SMITH Properties Third Quarter 2022 Earnings: FFO per share: US$0.4 (vs US$0.31 in 3Q 2021)

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JBG SMITH Properties (NYSE:JBGS) Third Quarter 2022 Results

Key Financial Results

  • Revenue: US$133.7m (down 25% from 3Q 2021).

  • Funds from operations (FFO): US$46.3m (up 14% from 3Q 2021).

  • FFO margin: 35% (up from 23% in 3Q 2021).

  • FFO per share: US$0.4 (up from US$0.31 in 3Q 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

JBG SMITH Properties Earnings Insights

Looking ahead, revenue is expected to decline by 3.6% p.a. on average during the next 3 years, while revenues in the REITs industry in the US are expected to grow by 6.8%.

Performance of the American REITs industry.

The company's shares are down 4.6% from a week ago.

Risk Analysis

We should say that we've discovered 5 warning signs for JBG SMITH Properties (2 are a bit unpleasant!) that you should be aware of before investing here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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