Cedar Realty Trust (CDR) Q2 FFO of $0.14

August 4, 2016 5:24 PM

Cedar Realty Trust (NYSE: CDR) reported Q2 EPS of $0.14, which may not compare to the analyst estimate of $0.03. Revenue for the quarter came in at $0 versus the consensus estimate of $37.74 million.

"Our recently completed forward common share offering along with our undrawn $100 million unsecured term loan not only strengthens our balance sheet but also provides us support and flexibility to continue advancing our capital migration and redevelopment efforts to build a leading shopping center REIT," commented Bruce Schanzer, CEO.

For earnings history and earnings-related data on Cedar Realty Trust (CDR) click here.

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