The earnings call presented a balanced view with strong same-store performance, high occupancy, and strategic market expansions as positives. However, challenges in the Denver market, a lowered guidance, and expected dilution from transactions balanced the sentiment, indicating both achievements and areas of concern.

Company Guidance -

Q3 2025

During the Centerspace Second Quarter 2025 Earnings Call, the guidance was adjusted due to strategic capital recycling activities, leading to a $0.04 reduction at the midpoint of their core FFO per share guidance, now anticipated at $4.88 to $5.00 for the full year. The company reported a 2.7% year-over-year increase in same-store revenue and a 2.9% growth in same-store NOI. Occupancy reached 96.1%, with high retention rates at 60.2% for the quarter. Centerspace completed two acquisitions in Salt Lake City and Loveland, Colorado, totaling $281 million, while planning the disposition of 12 communities in Minnesota, expected to garner $210 to $230 million. These activities aim to enhance portfolio quality and market exposure, projecting same-store NOI growth of 2.5% to 3.5% for 2025. The company's leverage is expected to trend to the low to mid 7x net debt to EBITDA by year-end, supported by expanded credit line capacity.

Strong Same-Store Portfolio Performance

Centerspace reported a 2.7% year-over-year increase in revenues and a 2.9% year-over-year growth in NOI from its same-store portfolio.

High Occupancy and Retention Rates

Occupancy remained strong at 96.1% for the quarter, with a high retention rate of 60.2% year-to-date.

Positive Market Expansion

Centerspace expanded into new markets with acquisitions in Salt Lake City and Colorado, improving portfolio metrics and increasing exposure to institutional markets.

Strong Revenue Growth in Tertiary Markets

Markets like North Dakota and Omaha saw revenue growth of 6% to 7%, with robust performance in these tertiary regions.

Improved Portfolio Quality

Post-acquisition and planned dispositions, the average portfolio rent increased by $50, with expected improvements in NOI margins.

Centerspace (CSR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CSR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 03, 2025	2025 (Q3)	0.24 / -	-0.4	―	―	―
Aug 04, 2025	2025 (Q2)	-0.13 / -0.87	-0.19	-357.89% (-0.68)	―
May 01, 2025	2025 (Q1)	-0.18 / -0.22	-0.37	40.54% (+0.15)	―
Feb 18, 2025	2024 (Q4)	-0.20 / -0.31	-0.65	52.31% (+0.34)	―
Oct 28, 2024	2024 (Q3)	-0.23 / -0.40	0.41	-197.56% (-0.81)	―
Jul 29, 2024	2024 (Q2)	-0.23 / -0.19	-0.23	17.39% (+0.04)	―
Apr 29, 2024	2024 (Q1)	-0.29 / -0.37	2.76	-113.41% (-3.13)	―
Feb 20, 2024	2023 (Q4)	-0.15 / -0.65	-0.24	-170.83% (-0.41)	―
Oct 30, 2023	2023 (Q3)	-0.17 / 0.41	-0.14	392.86% (+0.55)	―
Jul 31, 2023	2023 (Q2)	-0.13 / -0.23	-0.3	23.33% (+0.07)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CSR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 04, 2025	$54.42	$53.97	-0.83%
May 01, 2025	$59.38	$60.65	+2.14%
Feb 18, 2025	$60.74	$62.24	+2.47%
Oct 28, 2024	$68.44	$66.66	-2.60%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Centerspace (CSR) report earnings?

Centerspace (CSR) is schdueled to report earning on Nov 03, 2025, After Close (Not Confirmed).

What is Centerspace (CSR) earnings time?

Centerspace (CSR) earnings time is at Nov 03, 2025, After Close (Not Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CSR EPS forecast?

CSR EPS forecast for the fiscal quarter 2025 (Q3) is 0.24.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing