Columbia Property Trust, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2018; Provides Earnings Guidance for the Year 2019
For the full year, the company reported total revenues of $297,943,000 against $289,000,000 a year ago. Operating income was $27,028,000 against $48,971,000 a year ago. Net income was $9,491,000 against $176,041,000 a year ago. Basic net income per share was $0.08 against $1.45 a year ago.
For the year 2019, the company expects net income in a range of $0.18 to $0.23 per diluted share.