Monogram Residential Trust (MORE) Misses Q4 EPS by 1c

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Monogram Residential Trust, Inc. Announces Fourth Quarter And Full Year 2015 Results

February 25, 2016 4:17 PM EST

PLANO, Texas, Feb. 25, 2016 /PRNewswire/ -- Monogram Residential Trust, Inc., (NYSE: MORE) ("Monogram" or the "Company") an owner, operator and developer of luxury apartment communities with a significant presence in select coastal markets across the United States, today reported operational and financial results for the fourth quarter and full year 2015.

"We are pleased with our fourth quarter results, which represent a strong finish to 2015. We realized proportionate quarterly stabilized same store Net Operating Income ("NOI") growth of 8.0% in the fourth quarter. Our fourth quarter consolidated same store NOI grew... More