Back to mobile site

TIER REIT (TIER) Reports Q4 FFO of 40c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/16/2026

1. AMAT
2. GLOB
3. SPY
4. RDDT
5. HTFL
6. SNDK
7. WDAY
8. ADYEN:NA
9. DVLT
10. ADYYF

February 12, 2018 4:54 PM EST

TIER REIT (NYSE: TIER) reported Q4 EPS of $0.40 vs $0.40 last year. Revenue for the quarter came in at $54.63 million versus the consensus estimate of $54.66 million.

Our 2018 outlook and assumptions are as follows:

2018 Outlook
Projected net loss per basic & diluted common share ($0.15) - ($0.08)
Adjustments:
Real estate depreciation and amortization $1.92
Gain on sale of depreciable real estate ($0.55)
Projected FFO per diluted common share $1.22 - $1.29
Adjustments:
Reversal of Fifth Third Center default interest $0.05
Loss on early extinguishment of debt1 $0.18
Projected FFO, excluding certain items, per diluted common share $1.45 - $1.52
Assumptions used in 2018 outlook above:
Dispositions of non-target properties $145mm - $270mm
Strategic acquisitions $75mm - $175mm
Same store cash NOI growth 6.5% - 7.5%
Same store NOI growth 0.5% - 1.5%
Straight line rent and lease incentive revenue $5.5mm - $6.5mm
Above- and below-market rent amortization $5.5mm - $6.5mm
General & administrative expenses, excluding certain items $21.0mm - $22.0mm
Year-end occupancy 88.5% - 90.5%
Weighted average shares of common stock outstanding 48.5mm

For earnings history and earnings-related data on TIER REIT (TIER) click here.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance

Related Entities

Earnings