Inactive Instrument

Columbia Property Trust, Inc.

CXP

US1982872038

Columbia Property Trust, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021

October 27, 2021 at 04:17 pm EDT

Columbia Property Trust, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 53.38 million compared to USD 72.45 million a year ago. Revenue was USD 63.25 million compared to USD 82.08 million a year ago. Net loss was USD 10.15 million compared to net income of USD 5.37 million a year ago. Basic loss per share from continuing operations was USD 0.09 compared to basic earnings per share from continuing operations of USD 0.05 a year ago. Diluted loss per share from continuing operations was USD 0.09 compared to diluted earnings per share from continuing operations of USD 0.05 a year ago. For the nine months, sales was USD 161.13 million compared to USD 209.38 million a year ago. Revenue was USD 191.06 million compared to USD 237.71 million a year ago. Net loss was USD 15.55 million compared to net income of USD 16.74 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to basic earnings per share from continuing operations of USD 0.14 a year ago. Diluted loss per share from continuing operations was USD 0.14 compared to diluted earnings per share from continuing operations of USD 0.14 a year ago.

Latest news about Columbia Property Trust, Inc.

Columbia Property Trust’s 116 Huntington Avenue in Boston Shows Resilient Office Demand with 115,000 Square Feet of Leasing	22-12-12	CI
Columbia Property Trust, Inc. Announces Executive Changes	22-08-23	CI
Columbia Property Trust, Inc. Announces Chief Executive Officer Changes	22-08-23	CI
Columbia Property Trust Signs Lease with Wellington Management for Four Full Floors At 799 Broadway	22-05-19	CI
Arkhouse Partners nominates directors to Preferred Apartment Communities board -sources	21-12-31	RE
Columbia Property Trust, Inc.(NYSE:CXP) dropped from S&P Global BMI Index	21-12-08	CI
Columbia Property Trust, Inc.(NYSE:CXP) dropped from S&P TMI Index	21-12-08	CI
Fund managed by Pacific Investment Management Company LLC completed the acquisition of Columbia Property Trust, Inc. from The Vanguard Group, Inc., BlackRock, Inc., Invesco Ltd., JPMorgan Chase & Co. and others.	21-12-06	CI
Columbia Property Trust Unveils Special Cash Dividend of $2.17 a Share Linked to Pacific Investment Management Co. Deal	21-11-29	MT
Columbia Property Trust, Inc. Declares Special Dividend, Payable on December 8, 2021	21-11-29	CI
Tranche Update on Columbia Property Trust, Inc.'s Equity Buyback Plan announced on October 25, 2019.	21-10-27	CI
Columbia Property Trust, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-10-27	CI
Columbia Property Trust Secures Initial Lease at 799 Broadway, its Ground-Up Development in Union Square / Greenwich Village	21-10-04	CI
North American Morning Briefing : Stock Futures -3-	21-09-08	DJ
KE : Financial Stocks Posting Slim Declines in Late Afternoon Trade	21-09-07	MT
United Insurance : Financial Stocks Sliding Tuesday	21-09-07	MT
Columbia Property Trust : Enters $3.9-Billion Acquisition Deal With Pacific Investment Management	21-09-07	MT
COLUMBIA PROPERTY TRUST : BMO Capital Downgrades Columbia Property Trust to Market Perform from Outperform, Adjusts Price Target to $19.30 from $19.50	21-09-07	MT
Wall Street falls on worries over slowing economic recovery	21-09-07	RE
Wall Street to open flat as Delta variant weighs on recovery	21-09-07	RE
Columbia Property Trust : Agrees to $19.30/Share Cash Offer From Pacific Investment Management; Shares Jump	21-09-07	MT
PIMCO to buy Columbia Property Trust for $2.2 bln in office property push	21-09-07	RE
PIMCO to buy Columbia Property Trust in $3.9 bln deal	21-09-07	RE
Fund managed by Pacific Investment Management Company LLC entered into a definitive agreement to acquire Columbia Property Trust, Inc. from The Vanguard Group, Inc., BlackRock, Inc., Invesco Ltd., JPMorgan Chase & Co. and others for $2.1 billion.	21-09-06	CI
Columbia Property Trust, Inc.'s Equity Buyback announced on October 25, 2019, has expired with 2,809,982 shares, representing 2.42% for $56.74 million.	21-09-03	CI

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Company Profile

Columbia Property Trust, Inc. operates as a real estate investment trust (REIT), which owns and operates commercial real estate properties. Its segments include New York, San Francisco, Washington, D.C., Boston, and all other office markets. It acquires, develops, redevelops, owns, leases, and operates real properties directly, through wholly owned subsidiaries, or through joint ventures. Its primary objective is to generate long-term stockholder returns from a combination of steadily growing cash flows and appreciation in its net asset values, through the acquisition and ownership of office buildings located in high-barrier-to-entry markets. Its portfolio consists of office properties located primarily in Central Business Districts (CBD) within high-barrier costal office markets (gateway markets). It owns approximately 15 operating properties and four properties under development or redevelopment.

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Commercial REITs

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