Weingarten Realty Investors (WRI) Tops Q1 EPS by 1c, Affirms Guidance

Weingarten Realty Investors (NYSE: WRI) reported Q1 EPS of $0.57, $0.01 better than the analyst estimate of $0.56. Revenue for the quarter came in at $132.4 million versus the consensus estimate of $128.45 million.

FFO Guidance

The Company reaffirms its guidance for Recurring FFO of $2.27 to $2.31 per diluted share while revising its guidance for Reported FFO from a range of $2.26 to $2.31 per share to a range of $2.21 to $2.26 per share due to the non-recurring deferred tax expense recognized this quarter. Please refer to the full list of guidance information found on page 9 of the supplemental package.

For earnings history and earnings-related data on Weingarten Realty Investors (WRI) click here.

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