Urstadt Biddle Properties (UBA) Misses Q2 EPS by 5c

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Go back to Urstadt Biddle Properties (UBA) Misses Q2 EPS by 5c

Urstadt Biddle Properties Inc. Reports Operating Results for the Second Quarter and First Half of Fiscal 2015

June 8, 2015 5:14 PM EDT

GREENWICH, Conn.--(BUSINESS WIRE)-- Urstadt Biddle Properties Inc. (NYSE:UBA and UBP), a real estate investment trust, today reported its operating results for the three and six month periods ended April 30, 2015.

Diluted Funds from Operations (FFO) for the quarter ended April 30, 2015 was $9,549,000 or $0.28 per Class A Common share and $0.25 per Common share, compared to $8,037,000 or $0.26 per Class A Common share and $0.23 per Common share in last years second quarter. For the first six months of fiscal 2015, diluted FFO amounted to $17,629,000 or $0.52 per Class A Common share and $0.46 per Common share compared to $16,009,000 or $0.52 per Class A... More