Cedar Realty Trust (CDR) Posts Q2 EPS of $3.52

Cedar Realty Trust (NYSE: CDR) reported Q2 EPS of $3.52, versus the analyst estimate of ($0.18).

• NAREIT-defined Funds from operations (FFO) of $0.59 per diluted share for the quarter
• Operating FFO of $0.61 per diluted share for the quarter
• Collected 96.8% of base rents and monthly charges for the quarter
• Same-property net operating income (NOI) increased 8.2% for the quarter
• Signed 38 comparable leases for 199,300 square feet
  • Signed 23 renewal leases for 153,200 square feet at an increase of 2.6%
  • Signed 15 new leases for 46,100 square feet at a decrease of (18.7)%

For earnings history and earnings-related data on Cedar Realty Trust (CDR) click here.

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