Veris Residential (VRE)
NYSE:VRE
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Veris Residential (VRE) Income Statement

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Veris Residential Income Statement

Last quarter (Q4 2023), Veris Residential's total revenue was $72.92M, a decrease of -15.41% from the same quarter last year. In Q4, Veris Residential's net income was $-5.05M. See Veris Residential’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 280.05M$ 279.86M$ 355.02M$ 323.39M$ 313.56M$ 357.20M
Cost of Revenue
$ 41.88M$ 122.84M$ 161.33M$ -14.80M$ 141.39M$ 149.03M
Gross Profit
$ 239.52M$ 157.01M$ 193.69M$ 246.32M$ 172.18M$ 208.18M
Operating Expense
$ 57.92M$ 57.92M$ 167.69M$ -71.25M$ 193.09M$ 193.40M
Operating Income
$ 84.06M$ 96.80M$ 26.00M$ -39.26M$ -20.92M$ 14.78M
Net Non Operating Interest Income Expense
$ -89.24M$ -89.36M$ -77.31M$ -64.67M$ -80.95M$ -88.16M
Other Income Expense
$ -345.00K$ -367.00K$ 17.18M$ 48.08M$ -13.63M$ 326.20M
Pretax Income
$ -169.34M$ -156.70M$ -34.14M$ -152.00M$ -115.50M$ 252.82M
Tax Provision
$ 3.15M$ 492.00K-$ 47.08M--
Earnings From Equity Interest Net Of Tax
$ 3.10M$ 3.10M-$ -6.14M--
Net Income Common Stockholders
$ -59.64M$ -107.27M$ -52.07M$ -119.04M$ -51.39M$ 111.86M
Basic EPS
$ -1.20$ -1.22$ -0.63$ 0.00$ -0.70$ 0.95
Diluted EPS
$ -1.20$ -1.22$ -0.63$ 0.00$ -0.70$ 0.95
Basic Average Shares
$ 770.78M$ 192.69M$ 91.05M$ 190.73M$ 90.65M$ 90.56M
Diluted Average Shares
$ 806.50M$ 201.62M$ 100.27M$ 199.79M$ 100.26M$ 100.69M
Dividend Per Share
$ 0.05$ 0.05$ 0.00$ 0.00$ 0.40$ 0.80
Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ 67.85M$ 67.85M$ 329.02M$ -86.05M$ 334.48M$ 342.43M
Net Income From Continuing And Discontinued Operation
$ -109.30M$ -107.27M$ -52.07M$ -119.04M$ -51.39M$ 111.86M
Normalized Income
$ -118.46M$ -123.79M$ -67.29M-$ -123.49M$ -8.18M
Interest Expense
--$ 78.04M-$ 80.99M$ 90.57M
EBIT
$ -63.17M$ -17.56M$ 43.90M$ 0.00$ -34.51M$ 343.39M
EBITDA
$ 3.15M$ 76.03M$ 155.42M$ 0.00$ 87.53M$ 476.99M
Currency in USD

Veris Residential Earnings and Revenue History

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