Franklin (FSP) Q2 Revenue Down 13%

Franklin Street Properties (NYSEMKT:FSP), an office-focused real estate investment trust, released its financial results on July 29, 2025. The main takeaway was a GAAP net loss in line with muted analyst expectations, with earnings per share (EPS) of $(0.08) (GAAP), matching the estimated figure. Revenue was $26.7 million, driven by shrinking occupancy and reduced rental rates. These numbers highlight persistent operational challenges, including lower portfolio occupancy and ongoing cash flow pressures. The quarter failed to show meaningful operational improvement, with most financial and operating metrics revealing continued softness in the office real estate market. Source: Analyst estimates for the quarter provided by FactSet. Franklin Street Properties specializes in owning and managing office properties in the United States, with a particular emphasis on the Sunbelt and Mountain West regions. The portfolio is concentrated in Texas, Colorado, and Minnesota. As of June 30, 2025, its directly owned portfolio held 14 properties totaling approximately 4.8 million square feet.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool