Veris Residential Inc
NYSE:VRE

Watchlist Manager
Veris Residential Inc Logo
Veris Residential Inc
NYSE:VRE
Watchlist
Price: 16.78 USD 0.42% Market Closed
Market Cap: 1.6B USD

Income Statement

Earnings Waterfall
Veris Residential Inc

Revenue
271.1m USD
Cost of Revenue
-111.1m USD
Gross Profit
160m USD
Operating Expenses
-121.8m USD
Operating Income
38.2m USD
Other Expenses
-61.3m USD
Net Income
-23.1m USD

Income Statement
Veris Residential Inc

Rotate your device to view
Income Statement
Currency: USD
Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024
Revenue
Revenue
316
N/A
319
+1%
323
+1%
346
+7%
347
+0%
356
+3%
355
0%
324
-9%
380
+17%
360
-5%
260
-28%
347
+33%
279
-20%
276
-1%
271
-2%
Gross Profit
Cost of Revenue
(147)
(146)
(146)
(149)
(149)
(155)
(161)
(152)
(171)
(161)
(107)
(152)
(124)
(116)
(111)
Gross Profit
169
N/A
174
+2%
177
+2%
198
+11%
198
+0%
201
+1%
194
-4%
172
-11%
209
+21%
199
-5%
153
-23%
195
+28%
155
-21%
160
+3%
160
+0%
Operating Income
Operating Expenses
(188)
(170)
(167)
(171)
(164)
(165)
(168)
(156)
(184)
(180)
(131)
(169)
(131)
(124)
(122)
Selling, General & Administrative
(70)
(55)
(57)
(63)
(56)
(58)
(56)
(47)
(55)
(57)
(44)
(56)
(45)
(39)
(39)
Depreciation & Amortization
(118)
(115)
(110)
(108)
(108)
(108)
(112)
(109)
(129)
(123)
(86)
(114)
(87)
(85)
(83)
Operating Income
(18)
N/A
4
N/A
10
+170%
27
+161%
34
+28%
35
+3%
26
-26%
16
-38%
25
+53%
19
-25%
22
+20%
26
+16%
24
-8%
36
+52%
38
+6%
Pre-Tax Income
Interest Income Expense
(77)
(80)
(69)
(65)
(64)
(65)
(76)
(83)
(105)
(105)
(81)
(101)
(82)
(81)
(82)
Non-Reccuring Items
(62)
(31)
(98)
(107)
(50)
(128)
(107)
(103)
(108)
(24)
(23)
(48)
(40)
(39)
2
Gain/Loss on Disposition of Assets
4
1
5
10
61
59
123
119
64
69
7
8
19
19
12
Total Other Income
14
14
0
0
0
0
0
2
(9)
(45)
(47)
(47)
(36)
(0)
(1)
Pre-Tax Income
(140)
N/A
(92)
+34%
(152)
-66%
(136)
+10%
(18)
+87%
(98)
-435%
(34)
+65%
(48)
-42%
(132)
-175%
(87)
+34%
(121)
-39%
(163)
-35%
(115)
+29%
(65)
+44%
(31)
+53%
Net Income
Tax Provision
0
0
0
0
0
0
0
0
0
(0)
(0)
(1)
(1)
(0)
(0)
Income from Continuing Operations
(140)
(92)
(152)
(136)
(18)
(98)
(34)
(48)
(132)
(87)
(121)
(163)
(116)
(66)
(31)
Income to Minority Interest
(7)
(11)
(6)
(7)
(18)
(11)
(17)
(16)
(9)
(8)
6
10
11
7
4
Net Income (Common)
(51)
N/A
(37)
+28%
(126)
-245%
(144)
-14%
(48)
+67%
(118)
-147%
(58)
+51%
(70)
-22%
(145)
-107%
(100)
+31%
(112)
-12%
(116)
-3%
(61)
+47%
(16)
+74%
(23)
-47%
EPS (Diluted)
-0.56
N/A
-0.4
+29%
-1.39
-248%
-1.58
-14%
-0.47
+70%
-1.31
-179%
-0.62
+53%
-0.76
-23%
-1.57
-107%
-1.08
+31%
-1.21
-12%
-1.25
-3%
-0.59
+53%
-0.16
+73%
-0.24
-50%