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0 0 0 0 0.0386839593509629 0.0386839593509629 0.0106114199090449 -0.000617595867722126
Stock impact report

Generation Income Properties Announces Third Quarter 2024 Financial and Operating Results [Yahoo! Finance]

Generation Income Properties Inc. (GIPR) 
Company Research Source: Yahoo! Finance
and nine month financial and operating results for the period ended September 30, 2024. Quarterly Highlights (For the 3 months ended September 30, 2024) Generated net loss attributable to GIP common shareholders of $2.1 million, or ($0.55) per basic and diluted share. Generated Core FFO of ($146 thousand), or ($0.03) per basic and diluted share. Generated Core AFFO of $100 thousand, or $0.02 per basic and diluted share. FFO and related measures are supplemental non-GAAP financial measures used in the real estate industry to measure and compare the operating performance of real estate companies. A complete reconciliation containing adjustments from GAAP net income to Core FFO and Core AFFO is included at the end of this release. Portfolio Approximately 60% of our portfolio's annualized base rent ("ABR") as of September 30, 2024 was derived from tenants that have (or whose parent company has) an investment grade credit rating from a recognized credit rating agency of "BB Show less Read more
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