Veris Residential, based in Jersey City, New Jersey, is a real estate investment trust focusing on multifamily and commercial properties in the Northeast. It employs 197 staff and manages a diverse portfolio of 24 multifamily rentals and various commercial assets.
Veris Residential (VRE) reported a negative EPS surprise in its most recent quarterly earnings. For the most recent quarter, Veris Residential's actual EPS was -$0.10, missing the estimate of -$0.09 per share, resulting in a -10.01% surprise.
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