Weingarten Realty Investors (WRI) Tops Q2 FFO by 1c, Updates FY Guidance

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Weingarten Realty Increases Recurring FFO Per Share by 5.7%

October 29, 2015 4:44 PM EDT

HOUSTON--(BUSINESS WIRE)-- Weingarten Realty (NYSE: WRI) announced today the results of its operations for the quarter ended September 30, 2015. The supplemental financial package with additional information can be found on the Company's website under the Investor Relations tab.

Third Quarter Operating and Financial Highlights

Recurring Funds from Operations Attributable to Common Shareholders ("FFO") for the quarter increased to $0.56 per diluted share from $0.53 per diluted share a year ago, a 5.7% increase; Same Property Net Operating Income ("SPNOI") increased 3.0% over the same quarter of the prior year. Including... More