MILWAUKEE (AP) _ Physicians Realty Trust (DOC) on Friday reported a key measure of profitability in its third quarter. The results matched Wall Street expectations.

The real estate investment trust, based in Milwaukee, said it had funds from operations of $58.1 million, or 26 cents per share, in the period.

The average estimate of nine analysts surveyed by Zacks Investment Research was for funds from operations of 26 cents per share.

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 $21.4 million, or 10 cents per share.

The health care real estate investment trust posted revenue of $115.3 million in the period, surpassing Street forecasts. Six analysts surveyed by Zacks expected $114.3 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DOC at https://www.zacks.com/ap/DOC

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News