Centerspace (CSR) Q4 2025 Earnings Call Transcript

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Q4: 2026-02-17 Earnings Summary

EPS of -$0.12 beats by $0.10

 | Revenue of $66.62M (3.28% Y/Y) misses by $3.15M

Centerspace (CSR) Q4 2025 Earnings Call February 18, 2026 10:00 AM EST

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
Alexander Goldfarb – Piper Sandler & Co., Research Division
Ami Probandt – UBS Investment Bank, Research Division
Mason P. Guell – Robert W. Baird & Co. Incorporated, Research Division

Presentation

Operator

Hello, everyone, and thank you for joining the Centerspace Q4 2025 Earnings Call. My name is Gabriel, and I will be coordinating your call today. [Operator Instructions].

I will now hand over to your host, Josh Klaetsch. Please go ahead.

Joshua Klaetsch
Head of Investor Relations

Thank you, and good morning, everyone. Centerspace’s Form 10-K for the year ended December 31, 2025, 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

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