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Education Realty Trust, Inc. (EDR) Reports In-Line Q4 Core FFO; Guides FY13

February 19, 2013 6:49 AM EST Send to a Friend
Education Realty Trust, Inc. (NYSE: EDR) reported Q4 core FFO of $0.16, in-line with the analyst estimate of $0.16. Revenue for the quarter came in at $43.19 million versus the consensus estimate of $40.91 million.

Same-community net operating income (“NOI”) for the quarter decreased 2.7% on flat revenue and a 3.3% increase in operating expenses. For the full year, same-community NOI increased 5.7%.

Sees FY2013 FFO of $0.53-$0.57, versus the consensus of $0.56.

For earnings history and earnings-related data on Education Realty Trust, Inc. (EDR) click here.

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