The real estate investment trust, based in
The average estimate of nine analysts surveyed by Zacks Investment Research was for funds from operations of
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
The apartment building owner posted revenue of
For the current quarter ending in June,
The company's shares have fallen 4.5% since the beginning of the year, while the S&P's 500 index has decreased slightly more than 5%. In the final minutes of trading on Wednesday, shares hit
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