Monmouth Real Estate (MNR) Tops Q1 FFO by 11c
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February 3, 2016 4:24 PM EST
FREEHOLD, N.J., Feb. 3, 2016 /PRNewswire/ --Â Monmouth Real Estate Investment Corporation (NYSE: MNR) reported Core Funds from Operations (Core FFO) of $11,012,000 or $0.17 per diluted share for the three months ended December 31, 2015 as compared to $8,634,000 or $0.15 per diluted share for the three months ended December 31, 2014. Adjusted Funds from Operations (AFFO), for the three months ended December 31, 2015 was $10,725,000 or $0.17 per diluted share versus $7,795,000 or $0.14 per diluted share for the three months ended December 31, 2014 representing an increase in AFFO per share of 21.4%.Â
A summary of significant financial information for the three months ended December 31, 2015 and 2014 is as... More
