Monmouth Real Estate (MNR) Tops Q3 FFO by 10c/Share

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Monmouth Real Estate Investment Corporation Reports Results For The Third Quarter Ended June 30, 2015

August 5, 2015 4:16 PM EDT

FREEHOLD, N.J., Aug. 5, 2015 /PRNewswire/ -- Monmouth Real Estate Investment Corporation (NYSE: MNR) reported Core Funds from Operations (Core FFO) of $9,044,000 or $0.15 per diluted share for the three months ended June 30, 2015 as compared to $7,895,000 or $0.16 per diluted share for the three months ended June 30, 2014.  Adjusted Funds from Operations (AFFO), for the three months ended June 30, 2015 was $8,884,000 or $0.15 per diluted share versus $5,934,000 or $0.12 per diluted share for the three months ended June 30, 2014.

A summary of significant financial information for the three and nine months ended June 30, 2015 and 2014 is as follows:... More