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Stock impact report

Plymouth Industrial REIT Reports Third Quarter 2024 Results

Plymouth Industrial REIT, Inc. (PLYM) 
NASDAQ:AMEX Investor Relations: ir.plymouthreit.com
Company Research Source: GlobeNewswire
BOSTON, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced its financial results for the third quarter ended September 30, 2024, and other recent developments. Third Quarter and Subsequent Highlights Reported results for the third quarter of 2024 reflect net loss attributable to common stockholders of $(0.35) per weighted average common share; Core Funds from Operations attributable to common stockholders and unit holders (“Core FFO”) of $0.44 per weighted average common share and units; and Adjusted FFO (“AFFO”) of $0.40 per weighted average common share and units.Same store NOI (“SS NOI”) decreased 1.2% on a GAAP basis excluding early termination income for the third quarter compared with the same period in 2023; increased 0.6% on a cash basis excluding early termination income.Through November 4, 2024, executed leases scheduled to commence during 2024, which includes the third quarter activity, total an aggregate of Show less Read more
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