DCT Industrial Trust (DCT) Misses Q4 EPS by 1c

DCT Industrial Trust (NYSE: DCT) reported Q4 EPS of $0.47, $0.01 worse than the analyst estimate of $0.48. Revenue for the quarter came in at $84.93 million versus the consensus estimate of $85.51 million.

DCT Industrial Trust sees FY2015 EPS of $1.86-$1.98, versus the consensus of $1.88.

“DCT had an outstanding year. We performed very well operationally with continued strong rent spreads and same-store NOI growth, occupancy increasing 190 basis points in the fourth quarter and record-breaking leasing activity,” said Phil Hawkins, Chief Executive Officer of DCT Industrial. “We also continue to be successful in creating value through our portfolio repositioning efforts and by leveraging our value-add and development capabilities.”

For earnings history and earnings-related data on DCT Industrial Trust (DCT) click here.

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