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VRE FY 2021 Earnings — Veris Residential, Inc. Revenue & Financial Results | Market Cap Arena
VRE
Veris Residential, Inc.
$2B
FY 2021 Earnings
Real Estate
REIT - Residential
Income Statement
Revenue
$195M
-37.9% YoY
Gross Profit
$99M
51.0% margin
Operating Income
-$26M
-13.5% margin
Net Income
-$119M
-61.2% margin
EPS (Diluted)
$-1.39
Cash Flow
Operating Cash Flow
$56M
Free Cash Flow
-$9M
Stock-Based Comp.
$11M
Balance Sheet
Total Assets
$4.5B
Total Liabilities
$2.6B
Stockholders' Equity
$1.3B
Cash & Equivalents
$32M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$195M
$314M
-37.9%
Gross Profit
$99M
$172M
-42.4%
Operating Income
-$26M
-$24M
-11.7%
Net Income
-$119M
-$55M
-115.2%
← Q4 2020
All Quarters
Q1 2021 →