AmREIT (AMRE) Reports In-Line Q1 EPS

AmREIT (NYSE: AMRE) reported Q1 EPS of $0.06, in-line with the analyst estimate of $0.06. Revenue for the quarter came in at $12.74 million versus the consensus estimate of $11.47 million.

Core Funds from Operations ("Core FFO") available to common stockholders for the first quarter of 2014 was $4.6 million, or $0.23 per share, compared to $4.3 million, or $0.27 per share, for the comparable period in 2013. Weighted average shares outstanding for the quarter ended March 31, 2014, were 19.6 million, compared to 16.1 million for the same period in 2013.

For earnings history and earnings-related data on AmREIT (AMRE) click here.

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