Curbline reports third-quarter growth and lifts 2026 operating FFO outlook
Curbline Properties reported third-quarter revenue of $71.1 million and net income of $7.4 million for the period ended September 30, 2026. Operating FFO reached $37.4 million, while same-property NOI increased 3.4% year over year. The REIT purchased 23 shopping centers during the quarter and raised its 2026 Operating FFO forecast to $1.25–$1.27 per diluted share.
Why it matters
The updated Operating FFO range gives investors a higher company forecast for 2026 earnings capacity. Continued acquisitions and same-property NOI growth are increasing the size and operating contribution of Curbline's portfolio, while equity issuance used to fund purchases can affect per-share results.
Key facts
- 1Third-quarter revenue was $71.1 million and net income attributable to Curbline was $7.4 million. tradingview.com
- 2Third-quarter Operating FFO totaled $37.4 million. tradingview.com
- 3Curbline bought 23 convenience shopping centers in the third quarter for $233.9 million. stocktitan.net
- 4The company acquired 72 convenience shopping centers year to date for $800.0 million. stocktitan.net
- 5Curbline set 2026 Operating FFO guidance at $1.25–$1.27 per diluted share. tradingview.com
- 6Same-property NOI rose 3.4% year over year in the third quarter. tradingview.com
Open questions
- Reported third-quarter diluted EPS differs across materials: gives $0.09, while, and give $0.06.
- The 2026 net income guidance differs across materials: reports $0.36-$0.40 per share, while reports $0.25-$0.29 per diluted share.
- Portfolio leased or occupancy rates conflict: report 96.4%, while reports 94.5% as of September 30.
Summary written by AlphAI AI Desk from 10 of 10 sources. Not investment advice. Figures are as stated by the linked sources.