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Centerspace (CSR) Q1 2026 Earnings Call Transcript
2026-05-06 · via All Articles on Seeking Alpha

Q1: 2026-05-04 Earnings Summary

EPS of -$0.63 misses by $0.30

 | 

Revenue of

$65.07M

(-3.02% Y/Y)

misses by $1.47M

Centerspace (CSR) Q1 2026 Earnings Call May 5, 2026 10:00 AM EDT

Company Participants

Joshua Klaetsch - Head of Investor Relations
Anne Olson - President, CEO, Secretary & Executive Trustee
Grant Campbell - Senior Vice President of Investments & Capital Markets
Bhairav Patel - Executive VP & CFO

Conference Call Participants

Brad Heffern - RBC Capital Markets, Research Division
Ami Probandt - UBS Investment Bank, Research Division
Jeffrey Carr
Mason P. Guell - Robert W. Baird & Co. Incorporated, Research Division
Michael Gorman - BTIG, LLC, Research Division

Presentation

Operator

Hello, everyone. Thank you for joining us, and welcome to the Centerspace Q1 2026 Earnings Call. [Operator Instructions]

I will now hand the call over to Josh Klaetsch, Director of Investor Relations. Please go ahead.

Joshua Klaetsch
Head of Investor Relations

Thank you, and good morning, everyone. Centerspace's Form 10-Q for the quarter ended March 31, 2026, was filed with the SEC yesterday after the market closed. Additionally, our earnings release and supplemental disclosure package have been posted to our website at centerspacehomes.com and filed on Form 8-K.

It's important to note that today's remarks will include statements about our business outlook and other forward-looking statements that are based on management's current views and assumptions. These statements are subject to risks and uncertainties discussed in our filings under the section titled Risk Factors and in our other filings with the SEC. We cannot guarantee that any forward-looking statements will materialize, and you're cautioned not to place undue reliance on these forward-looking statements. Please refer to our earnings release for reconciliations of any non-GAAP information which may be discussed on today's call.

I'll now turn it over to Centerspace's President and CEO, Anne Olson, for the company's prepared remarks.

Anne Olson
President, CEO, Secretary & Executive Trustee

Thank you, Josh, and good morning, everyone. I'm here with our SVP of