Associated Estates Realty (AEC) Reports Q2 FFO of $0.34; Raises FY08 FFO Guidance Above the Street
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Associated Estates Realty Corporation (NYSE: AEC) (Nasdaq: AEC) reports Q2 FFO of $0.34, compared to $0.24 in the same quarter last year. Revenues for the quarter were $34.02 million, versus the consensus of $34.31 million.
Raises its FY08 FFO guidance from $1.22-$1.26 to $1.28-$1.32, versus the consensus of $1.13.
Associated Estates Realty Corporation operates as a self-administered and self-managed equity real estate investment trust in the United States.
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