KBW Comments On BFS 10K

Saul Centers Inc. BFS released its 10K Friday, “which had some additional details following earnings,” KBW reports.

“BFS reported $0.56 FFO/share (excl. debt retirement & acquisition costs), missing ests. on lower revenues and higher G&A,” KBW writes. “SS metrics lower on occupancy erosion and tenant default (office). Recent acquisitions and accelerated lease-up in Clarendon project - positives for FFO growth.”

Saul Centers closed Friday at $44.04.