Weingarten Realty Investors (WRI) Tops Q1 EPS by 1c, Affirms Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Weingarten Realty Increases Recurring Funds from Operations by 9.6% and Rental Rates by 13.1%
April 21, 2016 4:41 PM EDTHOUSTON--(BUSINESS WIRE)-- Weingarten Realty (NYSE: WRI) announced today the results of its operations for the first quarter ended March 31, 2016.
Operating and Financial Highlights
Recurring Funds from Operations (FFO) was $0.57 per diluted share, up 9.6% from the prior year; Same Property Net Operating Income (SPNOI) increased by 3.1% over the first quarter of the prior year; Rental rates on new leases and renewals increased 13.1%; Sold $40 million of common shares under the Companys ATM program; Extended and renewed its $500 million revolving credit facility;... More