Veris Residential Inc (NYSE:VRE)
$ 18.25 0.05 (0.27%) Market Cap: 1.70 Bil Enterprise Value: 3.36 Bil PE Ratio: 0 PB Ratio: 1.52 GF Score: 67/100
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Q3 2024 Veris Residential Inc Earnings Call Transcript

Oct 31, 2024 / 12:30PM GMT
Release Date Price: $16.47 (-2.08%)
Operator

Discussed on this call may constitute forward-looking statements within the meaning of the federal securities law.

Although we believe the estimates reflected in these statements are based on reasonable assumptions. We cannot give assurance that the anticipated results will be achieved. We refer you to the company's press release and annual and quarterly reports filed with the SEC for risk factors that impact the company.

With that. I would like to hand the call over to Mahbod, Nia Vri Residential's Chief Executive Officer who is joined by Amanda Lombard, Chief Financial Officer Mahbod.

Mahbod Nia
Veris Residential Inc - Chief Executive Officer, Director

Thank you, Taryn and good morning everyone.

We are pleased to report another quarter of strong noi and core ffo growth driven by the better than anticipated resolution of our non controllable expenses and continued market rank growth resulting in a 17% increase in core ffo during the first nine months of the year, we continue to build upon the strong results delivered in the first

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