Terreno: Overview of Q4 Financial Results

Terreno Realty Corp. Announces Fourth Quarter Financial Results

Terreno Realty Corp., headquartered in Bellevue, Washington, has released its financial performance for the fourth quarter.

During this period, the company reported funds from operations totaling $86.5 million, which translates to 83 cents per share. This metric, commonly used in the real estate investment trust (REIT) sector, reflects net income with adjustments for items like depreciation and amortization.

The company also disclosed a net income of $157.5 million, or $1.53 per share, for the quarter. Revenue for the same timeframe reached $137.5 million.

Looking at the full year, Terreno Realty Corp. achieved $284.7 million in funds from operations and generated $476.4 million in revenue.