Trade Street Residential Announces First Quarter 2015 Results

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Compass Point Downgrades Trade Street Residential (TSRE) to Neutral

May 11, 2015 3:55 PM EDT

Compass Point downgraded Trade Street Residential (NASDAQ: TSRE) from Buy to Neutral with a price target of $7.60 (from $9.50).

For an analyst ratings summary and ratings history on Trade Street Residential click here. For more ratings news on Trade Street Residential click here.

Shares of Trade Street Residential closed at $7.08 yesterday.

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Trade Street Residential (TSRE) Posts Q1 FFO of 10c/Share

May 11, 2015 9:08 AM EDT

Trade Street Residential (NASDAQ: TSRE) reported Q1 FFO of $0.10, $0.01 worse than the analyst estimate of $0.11.

Same store net operating income, or same store NOI, increased 9.0% compared to the same period last year. Over the same period, same store revenues increased 3.7% and same store expenses... More