09.02.2016 13:58:08
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Liberty Property Trust Q4 FFO Down - Quick Facts
(RTTNews) - Liberty Property Trust (LPT) reported that its funds from operations available to common shareholders for the fourth quarter of 2015 declined to $97.86 million or $0.65 from $102.47 million or $0.67 per share in the prior year.
Net Income available to common shareholders declined to $80.24 million from $82.34 million in the prior year. Net income per share was $0.54, down from $0.55 last year.
Total operating revenue for the quarter dropped to $199.38 million from $203.69 million in the prior year.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.64 per share and revenues of $197.60 million for the quarter. Analysts' estimates typically exclude special items.
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