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Veris Residential (Veris Residential) EPS without NRI : $-1.12 (TTM As of Mar. 2024)


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What is Veris Residential EPS without NRI?

Veris Residential's earnings per share without non-recurring items for the three months ended in Mar. 2024 was $-0.10. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.12.

During the past 3 years, the average earnings per share (NRI) Growth Rate was 3.10% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was -57.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Veris Residential's EPS without NRI or its related term are showing as below:

VRE' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -156.1   Med: -13.45   Max: 191.8
Current: 3.1

During the past 13 years, Veris Residential's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 191.80% per year. The lowest was -156.10% per year. And the median was -13.45% per year.

VRE's 3-Year EPS without NRI Growth Rate is ranked worse than
54.91% of 519 companies
in the REITs industry
Industry Median: 5 vs VRE: 3.10

Veris Residential's EPS (Diluted) for the three months ended in Mar. 2024 was $-0.04. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.00.

Veris Residential's EPS (Basic) for the three months ended in Mar. 2024 was $-0.04. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.00.


Veris Residential EPS without NRI Historical Data

The historical data trend for Veris Residential's EPS without NRI can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Veris Residential EPS without NRI Chart

Veris Residential Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.24 -1.41 -1.07 -1.12 -1.28

Veris Residential Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EPS without NRI Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.25 -0.21 -0.58 -0.23 -0.10

Competitive Comparison of Veris Residential's EPS without NRI

For the REIT - Residential subindustry, Veris Residential's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Veris Residential's PE Ratio without NRI Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Veris Residential's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Veris Residential's PE Ratio without NRI falls into.



Veris Residential EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Veris Residential  (NYSE:VRE) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Veris Residential EPS without NRI Related Terms

Thank you for viewing the detailed overview of Veris Residential's EPS without NRI provided by GuruFocus.com. Please click on the following links to see related term pages.


Veris Residential (Veris Residential) Business Description

Traded in Other Exchanges
N/A
Address
Harborside 3, 210 Hudson Street, Suite 400, Jersey City, NJ, USA, 07311
Veris Residential Inc is a fully-integrated, self-administered and self-managed real estate investment trust (REIT). The company owns and operates a real estate portfolio comprised predominantly of multifamily rental properties located mainly in the Northeast and Class A office properties. The company performs substantially all real estate management, leasing, acquisition and development on an in-house basis. The properties are in three states in the Northeast, plus the District of Columbia. The company operates in two industry segments multifamily real estate & services and commercial & other real estate. The majority of revenue is from Multifamily real estate services.
Executives
A. Akiva Katz director C/O MACK-CALI REALTY CORP, HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311
Stephanie L. Williams director C/O VERIS RESIDENTIAL, INC., 210 HUDSON STREET, SUITE 400, JERSEY CITY NJ 07311
Ronald Dickerman director 410 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Mahbod Nia director C/O COLONY NORTHSTAR, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Taryn D. Fielder officer: EVP, General Counsel & Sec. 1775 EYE STREET, N.W., SUITE 1000, WASHINGTON DC 20006
Jeffrey Scott Turkanis officer: EVP & Chief Investment Officer 12 RICHARD ROAD, MARBLEHEAD MA 01945
Amanda Lombard officer: Chief Accounting Officer 500 FIFTH AVENUE, SUITE 1530, NEW YORK NY 10110
Anna Malhari officer: EVP & Chief Operating Officer HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311
Victor B Macfarlane director 151 EXECUTIVE PARK BLVD, BUILDING 2, SAN FRANCISCO CA 94134
Michael B Berman director C/O GENERAL GROWTH PROPERTIES, 110 NORTH WACKER DRIVE, CHICAGO IL 60606
Tammy Jones director MONOGRAM RESIDENTIAL TRUST,INC., 5800 GRANITE PARKWAY, SUITE 1000, PLANO TX 75024
Howard Steven Stern director 11601 WILSHIRE BLVD 4TH FLOOR, LOS ANGELES CA 90025
Deidre Crockett officer: EVP, Chief Admin. Officer HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311
Alan R Batkin director 399 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Lisa Feinman Myers director HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311