Funds from operations totaled $37.54 million, down 12.6% from $42.96 million for the comparable 2000 period. That's the not-so-good news.
Net earnings, however, were $24.4 million, up 1.2% from $24.1 million. That's the good news.
The bad news is that Post chairman/CEO John A. Williams expects financial results for the remainder of 2001 to be less than previously anticipated. The REIT forecasts the FFO per share for 2001 to be between $3.46 and $3.48, with earnings per share between $2.35 and $2.37.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
