Veris Residential (FRA:WY4) Other Operating Expense : €83.3 Mil (TTM As of Mar. 2024)

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What is Veris Residential Other Operating Expense?

Veris Residential's Other Operating Expense for the three months ended in Mar. 2024 was €18.5 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was €83.3 Mil.

Veris Residential's quarterly Other Operating Expense declined from Sep. 2023 (€21.7 Mil) to Dec. 2023 (€21.1 Mil) and declined from Dec. 2023 (€21.1 Mil) to Mar. 2024 (€18.5 Mil).

Veris Residential's annual Other Operating Expense increased from Dec. 2021 (€60.6 Mil) to Dec. 2022 (€80.7 Mil) and increased from Dec. 2022 (€80.7 Mil) to Dec. 2023 (€85.8 Mil).

Veris Residential Other Operating Expense Historical Data

The historical data trend for Veris Residential's Other Operating Expense 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.

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Veris Residential Other Operating Expense Chart

Veris Residential Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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120.24

100.31

60.63

80.65

85.82

Veris Residential Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Operating Expense	Get a 7-Day Free Trial															20.35	21.86	21.75	21.13	18.51

Veris Residential Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense 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 €83.3 Mil.

Veris Residential Other Operating Expense Related Terms

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Veris Residential (FRA:WY4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Veris Residential Inc (FRA:WY4) » Definitions » Other Operating Expense

Comparable Companies

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Traded in Other Exchanges

VRE:USA

Address

Harborside 3, 210 Hudson Street, Suite 400, Jersey City, NJ, USA, 07311

Website

https://www.verisresidential.com

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.

Veris Residential (FRA:WY4) Headlines

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