Company: VRE
Filing Date: 2025-07-23
Form Type: 10-Q
Source: 0000924901-25-000051
Chunk: 82

Company: Veris Residential, Inc.
Filing Date: 2025-07-23
Form: 10-Q
Item: Part I, Item 1
Chunk 82
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 Basic EPS2025202420252024Income (loss) from continuing operations after income tax expense$11,870 $1,316 $(1,996)$(4,953)Add (deduct): Noncontrolling interests in consolidated joint ventures149 543 2,274 1,038 Add (deduct): Noncontrolling interests in Operating Partnership(1,009)(153)(11)370 Add (deduct): Redeemable noncontrolling interests(81)(81)(162)(378)Income (loss) from continuing operations available to common shareholders$10,929 $1,625 $105 $(3,923)Income (loss) from discontinued operations available to common shareholders(25)1,297 100 2,942 Net income (loss) available to common shareholders for basic earnings per share$10,904 $2,922 $205 $(981)Weighted average common shares93,392 92,663 93,227 92,469 Basic EPS:Income (loss) from continuing operations available to common shareholders$0.12 $0.02 $— $(0.04)Income (loss) from discontinued operations available to common shareholders— 0.01 — 0.03 Net income (loss) available to common shareholders$0.12 $0.03 $0.00 $(0.01)

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Three Months EndedJune 30,Six Months EndedJune 30,Computation of Diluted EPS2025202420252024Net income (loss) from continuing operations available to common shareholders$10,929 $1,625 $105 $(3,923)Add (deduct): Noncontrolling interests in Operating Partnership1,009 153 11 (370)Income (loss) from continuing operations for diluted earnings per share$11,938 $1,778 $116 $(4,293)Income (loss) from discontinued operations for diluted earnings per share(27)1,419 109 3,219 Net income (loss) available for diluted earnings per share$11,911 $3,197 $225 $(1,074)Weighted average common shares102,259 101,952 102,164 101,160 Diluted EPS:Income (loss) from continuing operations available to common shareholders$0.12 $0.02 $— $(