JBG SMITH Properties reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 120.29 million compared to USD 119.81 million a year ago. Revenue was USD 151.56 million compared to USD 147.61 million a year ago. Net loss was USD 58.01 million compared to USD 19.29 million a year ago. Basic loss per share from continuing operations was USD 0.58 compared to USD 0.17 a year ago. Diluted loss per share from continuing operations was USD 0.58 compared to USD 0.17 a year ago.
For the nine months, sales was USD 364.92 million compared to USD 368.45 million a year ago. Revenue was USD 456.62 million compared to USD 455.08 million a year ago. Net loss was USD 47.38 million compared to net income of USD 103.95 million a year ago. Basic loss per share from continuing operations was USD 0.45 compared to basic earnings per share from continuing operations of USD 0.86 a year ago. Diluted loss per share from continuing operations was USD 0.45 compared to diluted earnings per share from continuing operations of USD 0.86 a year ago.