Urstadt Biddle Properties (UBA) Reports Q3 FFO of $0.32/Share

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Go back to Urstadt Biddle Properties (UBA) Reports Q3 FFO of $0.32/Share

Urstadt Biddle Properties Inc. Reports Operating Results for the Third Quarter and First Nine Months of Fiscal 2015

September 4, 2015 4:42 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 nine month periods ended July 31, 2015.

Diluted Funds from Operations (FFO) for the quarter ended July 31, 2015 was $10,749,000 or $0.32 per Class A Common share and $0.28 per Common share when compared to $8,973,000 or $0.29 per Class A Common share and $0.26 per Common share in last years third quarter. For the first nine months of fiscal 2015, diluted FFO amounted to $28,378,000 or $0.83 per Class A Common share and $0.74 per Common share when compared to $24,982,000 or $0.81... More