VRE FY 2017 Earnings — Veris Residential, Inc. Revenue & Financial Results | Market Cap Arena

VREVeris Residential, Inc.

$2B

FY 2017 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$616M+0.5% YoY

Gross Profit

$361M58.7% margin

Operating Income

$105M17.1% margin

Net Income

$23M3.8% margin

EPS (Diluted)

$0.06

Cash Flow

Operating Cash Flow

$196M

Free Cash Flow

-$513M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$5.0B

Total Liabilities

$3.1B

Stockholders' Equity

$1.5B

Cash & Equivalents

$28M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$616M	$613M	+0.5%
Gross Profit	$361M	$346M	+4.4%
Operating Income	$105M	$105M	+0.7%
Net Income	$23M	$117M	-80.2%