CapLease (LSE) Reports In-Line Q2 FFO; Lowers FY11 FFO Outlook; Authorizes $20M Buyback
Tweet Send to a FriendGet Alerts LSE Hot Sheet
Price: $7.57 +2.99%
Revenue Growth %: +11.2%
Financial Fact:
Property expenses: 9.07M
Today's EPS Names:
LBIX, ESEA, ISS, More
Revenue Growth %: +11.2%
Financial Fact:
Property expenses: 9.07M
Today's EPS Names:
LBIX, ESEA, ISS, More
Trade LSE Now!
CapLease (NYSE: LSE) reported Q2 FFO of $0.15, in-line with the analyst estimate of $0.15. Revenue for the quarter came in at $0 versus the consensus estimate of $42.82 million.
CapLease sees FY2011 FFO of $0.59-$0.61, versus prior guidance of $0.65-$0.70 and the consensus of $0.64.
The Company’s Board of Directors has approved a share repurchase program authorizing the Company to repurchase in the aggregate up to $20 million of its outstanding common stock.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
CapLease sees FY2011 FFO of $0.59-$0.61, versus prior guidance of $0.65-$0.70 and the consensus of $0.64.
The Company’s Board of Directors has approved a share repurchase program authorizing the Company to repurchase in the aggregate up to $20 million of its outstanding common stock.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- UPDATE: Applied Materials, Inc. (AMAT) Tops Q2 EPS by 3c, Offers Guidance
- Autodesk, Inc. (ADSK) Misses Q1 EPS by 3c, Offers Guidance
- Orient Paper, Inc. (ONP) Reports Q1 EPS of $0.02; Guides FY13
Create E-mail Alert Related Categories
Earnings, Guidance, Stock BuybacksRelated Entities
Stock Buyback
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
