25.04.2019, 16:56
Financial | REIT - Industrial | USA
Duke Realty: 1Q Earnings Snapshot
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The real estate investment trust, based in Indianapolis, said it had funds from operations of $120.3 million, or 33 cents per share, in the period.
The average estimate of eight analysts surveyed by Zacks Investment Research was for funds from operations of 32 cents per share.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of $44.6 million, or 12 cents per share.
The real estate development company posted revenue of $264.9 million in the period. Its adjusted revenue was $210 million, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $205.9 million.
Duke Realty expects full-year funds from operations in the range of $1.39 to $1.45 per share.
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https://finance.yahoo.com/news/duke-real...27671.html
![[Bild: DREc1dl1053.png]](https://finviz.com/publish/042519/DREc1dl1053.png)
Duke Realty: 1Q Earnings Snapshot
...
The real estate investment trust, based in Indianapolis, said it had funds from operations of $120.3 million, or 33 cents per share, in the period.
The average estimate of eight analysts surveyed by Zacks Investment Research was for funds from operations of 32 cents per share.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of $44.6 million, or 12 cents per share.
The real estate development company posted revenue of $264.9 million in the period. Its adjusted revenue was $210 million, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $205.9 million.
Duke Realty expects full-year funds from operations in the range of $1.39 to $1.45 per share.
....
https://finance.yahoo.com/news/duke-real...27671.html