BRE Properties, Inc. (BRE) Tops Q2 FFO by 4c; Tightens FY11 FFO Outlook

August 2, 2011 4:36 PM EDT
BRE Properties, Inc. (NYSE: BRE) reported Q2 FFO of $0.54, $0.04 better than the analyst estimate of $0.50. Revenue for the quarter came in at $93.5 million versus the consensus estimate of $92.82 million.

BRE Properties, Inc. sees FY2011 FFO of $2.09-$2.17, versus prior guidance of $2.08-$2.18 and the consensus of $2.12.


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