Weingarten Realty Investors (WRI) Tops Q3 EPS by 1c; Affirms FY11 Outlook; Small Shop Space Increased
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Weingarten Realty Investors (NYSE: WRI) reported Q3 EPS of $0.47, $0.01 better than the analyst estimate of $0.46. Revenue for the quarter came in at $138.57 million versus the consensus estimate of $139.75 million.
Occupancy for retail spaces less than 10,000 square feet increased 0.4% during the third quarter to 86.7% which helped increase the Company’s total occupancy to 91.6% for the quarter from 91.1% in the third quarter of 2010.
Affirms FY11 outlook.
Occupancy for retail spaces less than 10,000 square feet increased 0.4% during the third quarter to 86.7% which helped increase the Company’s total occupancy to 91.6% for the quarter from 91.1% in the third quarter of 2010.
Affirms FY11 outlook.
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