Franklin Street Properties (FSP) Reports In-Line Q4 EPS

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Go back to Franklin Street Properties (FSP) Reports In-Line Q4 EPS

Franklin Street Properties Corp. Announces Fourth Quarter and Year End 2015 Results

February 16, 2016 4:01 PM EST

WAKEFIELD, Mass.--(BUSINESS WIRE)-- Franklin Street Properties Corp. (the Company, FSP, we or our) (NYSE MKT: FSP), a real estate investment trust (REIT), announced today Funds From Operations (FFO) of $27.1 million or $0.27 per share for the fourth quarter ended December 31, 2015; and FFO of $106.9 million or $1.07 per share for the full year ended December 31, 2015. Net income was $15.4 million or $0.15 per share for the fourth quarter ended December 31, 2015 and $35.0 million or $0.35 per share for the year ended December 31, 2015.

The Company evaluates its performance based on FFO, AFFO, Net Income and EPS and believes each is an important... More