Camden Property Trust Aktie

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WKN: 985335 / ISIN: US1331311027

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01.05.2015 00:05:31

Camden Property Trust Q1 FFO Rises

(RTTNews) - Camden Property Trust (CPT) Thursday reported first-quarter funds from operations of $98.5 million or $1.08 per share, up from $94.8 million or $1.05 per share last year.

First-quarter net income was $115.6 million or $1.27 per share, up from $40.0 million or $0.45 per share last year.

Total property revenues rose to $215.4 million from $205.9 million last year.

Analysts polled by Thomson Reuters estimated FFO of $1.07 per share on revenues of $214.83 million for the quarter. Analysts estimates typically exclude one-time items.

Looking forward to the second quarter, the company expects FFO of $1.08 to $1.12 per share. Analysts currently estimate FFO of $1.10 per share for the quarter.

For the full year 2015, the company now expects FFO of $4.40 to $4.56 per share. Analysts currently estimate FFO of $4.46 per share for 2015.

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