VRE FY 2018 Earnings — Veris Residential, Inc. Revenue & Financial Results | Market Cap Arena

VREVeris Residential, Inc.

$2B

FY 2018 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$531M-13.9% YoY

Gross Profit

$306M57.8% margin

Operating Income

$53M10.0% margin

Net Income

$84M15.9% margin

EPS (Diluted)

$0.84

Cash Flow

Operating Cash Flow

$167M

Free Cash Flow

-$110M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$5.1B

Total Liabilities

$3.0B

Stockholders' Equity

$1.5B

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$531M	$616M	-13.9%
Gross Profit	$306M	$361M	-15.2%
Operating Income	$53M	$105M	-49.6%
Net Income	$84M	$23M	+262.8%