CapLease (LSE) Reports In-Line Q2 FFO; Lowers FY11 FFO Outlook; Authorizes $20M Buyback
Tweet
Share
E-mailGet Alerts LSE Hot Sheet
Join SI Premium – FREE
CapLease (NYSE: LSE) reported Q2 FFO of $0.15, in-line with the analyst estimate of $0.15. Revenue for the quarter came in at $0 versus the consensus estimate of $42.82 million.
CapLease sees FY2011 FFO of $0.59-$0.61, versus prior guidance of $0.65-$0.70 and the consensus of $0.64.
The Company’s Board of Directors has approved a share repurchase program authorizing the Company to repurchase in the aggregate up to $20 million of its outstanding common stock.
CapLease sees FY2011 FFO of $0.59-$0.61, versus prior guidance of $0.65-$0.70 and the consensus of $0.64.
The Company’s Board of Directors has approved a share repurchase program authorizing the Company to repurchase in the aggregate up to $20 million of its outstanding common stock.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Blackhawk Network (HAWK) Reports Q2 Loss of $0.07; Offers Guidance
- Sandisk targets mid-to-high teens revenue growth through FY2030
- Openlane prices secondary offering of 8 million shares by Apax fund
Create E-mail Alert Related Categories
Earnings, Guidance, Stock BuybacksRelated Entities
Stock BuybackSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
