Franklin Street Properties 7/30/2024 Earnings Report

Franklin Street Properties EPS Results

• Actual EPS: -$0.20
• Consensus EPS: -$0.08
• Beat/Miss: Missed by -$0.12
• One Year Ago EPS: N/A

Franklin Street Properties Revenue Results

• Actual Revenue: $30.83 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Franklin Street Properties Announcement Details

• Date: 7/30/2024
• Time: TAS
• Conference Call Date: N/A
• Conference Call Time: N/A

Franklin Street Properties (NYSE:FSP) is a real estate investment trust that focuses on acquiring, owning and managing single-tenant, net‐leased industrial properties. The company targets mission‐critical facilities, including distribution centers, manufacturing sites and corporate headquarters, structured under long‐term, triple‐net lease agreements. Its strategy emphasizes stable, predictable cash flows by investing in high‐quality industrial assets occupied by creditworthy tenants.

Headquartered in Bethesda, Maryland, Franklin Street Properties serves a national footprint with properties located in key logistics and industrial markets across the continental United States. The trust’s portfolio strategy centers on assets that support e‐commerce, supply‐chain management and light manufacturing, and it seeks to capitalize on the long‐term growth drivers of industrial real estate. By partnering with experienced property managers and leveraging market research, the company aims to identify and underwrite opportunities that offer attractive risk‐adjusted returns.

Established in 2017 and listed on the New York Stock Exchange under the symbol FSP, the company is externally managed by an affiliate of Franklin Street Partners. Its leadership team brings decades of expertise in industrial real estate investment, asset management and capital markets. Through disciplined acquisition criteria, proactive asset management and a focus on tenant diversification, Franklin Street Properties strives to deliver sustainable income and long‐term equity growth for its shareholders.