VRE FY 2019 Earnings — Veris Residential, Inc. Revenue & Financial Results | Market Cap Arena

VREVeris Residential, Inc.

$2B

FY 2019 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$356M-32.9% YoY

Gross Profit

$207M58.1% margin

Operating Income

$148M41.7% margin

Net Income

$112M31.4% margin

EPS (Diluted)

$0.09

Cash Flow

Operating Cash Flow

$132M

Free Cash Flow

-$912M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$5.3B

Total Liabilities

$3.1B

Stockholders' Equity

$1.5B

Cash & Equivalents

$26M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$356M	$531M	-32.9%
Gross Profit	$207M	$306M	-32.5%
Operating Income	$148M	$53M	+179.7%
Net Income	$112M	$84M	+33.0%