CBL Properties Q1 Adjusted FFO, Revenue Rise; 2026 Adjusted FFO Outlook Raised

MT Newswires Live
05/08

CBL Properties (CBL) reported Q1 adjusted funds from operations Friday of $1.73 per diluted share, up from $1.50 a year earlier.

A single analyst polled by FactSet expected $1.37.

Total revenue for the quarter ended March 31 was $146 million, up from $141.8 million a year earlier.

No comparable revenue estimates were available.

For 2026, the company said it now expects adjusted FFO to be in the range of $7.06 to $7.19 per share. That compares with its prior range of $6.74 to $7.06. A sole analyst polled by FactSet expected $6.88.

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