FrontView REIT, Inc. Earnings Per Share Disclosure
13. EARNINGS PER SHARE
The following table summarizes the components used in the calculation of basic and diluted earnings per share (“EPS”):
|
Successor |
|
|
Successor |
|
||
|
For the year ended December 31, |
|
|
Period from October 3 through December 31, |
|
||
(in thousands, except per share amounts) |
2025 |
|
|
2024 |
|
||
Basic earnings: |
|
|
|
|
|
||
Net loss attributable to FrontView REIT, Inc. common |
$ |
(3,829 |
) |
|
$ |
(2,997 |
) |
Less: loss allocated to participating unvested restricted stock units |
|
(583 |
) |
|
|
(120 |
) |
Net earnings used to compute basic earnings per common share |
$ |
(4,412 |
) |
|
$ |
(3,117 |
) |
|
|
|
|
|
|
||
Diluted earnings: |
|
|
|
|
|
||
Net loss used to compute basic earnings per common share |
$ |
(4,412 |
) |
|
$ |
(3,117 |
) |
Add: net loss attributable to non-controlling interests |
|
(1,734 |
) |
|
|
(1,825 |
) |
Net earnings used to compute diluted earnings per common share |
$ |
(6,146 |
) |
|
$ |
(4,942 |
) |
|
|
|
|
|
|
||
Weighted average number of common shares outstanding |
|
20,407 |
|
|
|
16,815 |
|
Less: weighted average unvested restricted stock units (1) |
|
(651 |
) |
|
|
(556 |
) |
Weighted average number of common shares outstanding used in |
|
19,756 |
|
|
|
16,259 |
|
Add: effects of convertible OP Units (2) |
|
8,084 |
|
|
|
11,319 |
|
Weighted average number of common shares outstanding used in |
|
27,840 |
|
|
|
27,578 |
|
|
|
|
|
|
|
||
Basic and Diluted earnings per share |
$ |
(0.22 |
) |
|
$ |
(0.19 |
) |
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 25, 2026 | Showing above |
| 2024 | Mar 20, 2025 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.