Wheeler REIT (WHLR) Tops Q3 FFO by 1c
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Wheeler Real Estate Investment Trust, Inc. Announces 2015 Third Quarter Financial Results
November 9, 2015 5:07 PM ESTVIRGINIA BEACH, Va., Nov. 9, 2015 (GLOBE NEWSWIRE) -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ: WHLR) ("Wheeler" or the "Company") today reported operating and financial results for its third quarter ended September 30, 2015 and the nine month period ended September 30, 2015.
2015 Third Quarter Highlights (all comparisons to the same prior year period unless otherwise noted)
Total revenue from continuing operations increased 104.4% or $3.7 million. Property Net Operating Income ("NOI") from continuing operations increased by 101.8%, or $2.4 million. Adjusted Funds from Operations ("AFFO") of $0.02 per common share and common unit... More