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Equity Commonwealth (EQC) Misses Q3 FFO by 1c

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Equity Commonwealth Reports Third Quarter 2016 Results

November 2, 2016 4:19 PM EDT

CHICAGO--(BUSINESS WIRE)-- Equity Commonwealth (NYSE: EQC) today reported financial results for the quarter ended September 30, 2016. All per share results are reported on a diluted basis.

Financial results for the quarter ended September 30, 2016

Operating income was $22.9 million for the quarter ended September 30, 2016. This compares to $28.9 million for the quarter ended September 30, 2015. The decline in operating income was primarily due to property sales.

Net income attributable to common shareholders was $84.4 million, or $0.67 per share, for the quarter ended September 30, 2016. This compares to net income attributable to common shareholders of $23.5 million, or... More