Gold prices steady ahead of Fed decision; weekly weakness noted
Curbline Properties Corp. (NYSE:CURB), a $2.47 billion real estate company with strong financial health according to InvestingPro analysis, reported the results of its annual stockholders’ meeting held on May 7, 2025. During the meeting, two Class I directors were elected to serve until the next annual meeting and until their successors are duly elected and qualified. Linda B. Abraham received 84,495,813 votes for, 12,620,847 against, and 9,635 abstentions, with 3,447,971 broker non-votes. David R. Lukes received 93,727,543 votes for, 3,388,590 against, and 10,162 abstentions, with 3,447,971 broker non-votes. The company’s stock has shown strong performance, trading near its 52-week high of $25.69, with analysts expecting continued growth this year.
Additionally, the appointment of PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified with 100,514,201 votes for, 50,015 against, and 10,050 abstentions.
The filing, based on a press release statement, also included the submission of an interactive data file as an exhibit. The report was signed by Lesley H. Solomon, Executive Vice President, General Counsel, and Secretary of Curbline Properties Corp. on May 9, 2025.
In other recent news, Curbline Properties Corp reported its Q1 2025 earnings, with earnings per share (EPS) of $0.10 and revenue totaling $38.44 million. The company has revised its operational funds from operations (OFFO) guidance upwards to a range of $0.99 to $1.20 per share, reflecting a positive financial outlook. Additionally, Curbline Properties made strategic acquisitions of 11 properties worth $124 million, enhancing its portfolio. The company’s leased rate improved to 96%, with a 27% increase in leasing spreads, demonstrating strong market demand. KeyBanc Capital Markets maintained a Sector Weight rating on Curbline Properties, noting a 220 basis point margin expansion in the first quarter and a book-to-bill ratio of 1.5 times. The firm also raised its estimates for the company, suggesting potential upside if macroeconomic conditions remain stable. Curbline’s cash reserves stand at $594 million, with full access to a $400 million credit facility, positioning the company well for future investments. Despite potential challenges like tariffs, the company remains optimistic about its growth trajectory.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.