(Reuters) - The latest FFO, a key performance measure of real estate investment trusts, was below the year-ago quarter level of 59 cents a share, and the 51 cents a share average view of analysts, according to Reuters Estimates.
FFO removes the profit-reducing effect that depreciation -- a noncash accounting item -- has on earnings.
Read more at Reuters.com Market News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment