Flagship Communities Real Estate Investment Trust reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 17.38 million compared to USD 14.36 million a year ago. Net income was USD 21.39 million compared to USD 26.02 million a year ago. Basic earnings per share from continuing operations was USD 1.39 compared to USD 1.84 a year ago. Diluted earnings per share from continuing operations was USD 1.02 compared to USD 1.33 a year ago.
For the six months, sales was USD 34.14 million compared to USD 28.06 million a year ago. Net income was USD 37.61 million compared to USD 28.46 million a year ago. Basic earnings per share from continuing operations was USD 2.54 compared to USD 2.01 a year ago. Diluted earnings per share from continuing operations was USD 1.84 compared to USD 1.45 a year ago.