Earnings Scorecard: Federal Realty
Federal Realty Investment Trust (NYSE:FRT) reported fourth quarter 2011 FFO (funds from operations) of $62.1 million or 97 cents per share compared with $62.2 million or $1.01 per share in the year-earlier quarter. Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other [...]
Federal Realty Investment Trust (NYSE:FRT) reported fourth quarter 2011 FFO (funds from operations) of $62.1 million or 97 cents per share compared with $62.2 million or $1.01 per share in the year-earlier quarter.
Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income. Reported FFO missed the Zacks Consensus Estimate by a penny.
Funds from operations, a widely used … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards