Washington REIT (WRE) Tops Q1 EPS by 1c

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Washington Real Estate Investment Trust Announces First Quarter Financial and Operating Results

April 27, 2016 4:17 PM EDT

WASHINGTON, April 27, 2016 /PRNewswire/ -- Washington Real Estate Investment Trust ("Washington REIT" or the "Company") (NYSE: WRE), a leading owner and operator of commercial and multifamily properties in the Washington, DC area, reported financial and operating results today for the quarter ended March 31, 2016:

First Quarter 2016 Highlights

Generated Core Funds from Operations (FFO) of $0.42 per fully diluted share for the first quarter, a 10.5% or  $0.04 increase over first quarter of 2015 Achieved same-store Net Operating Income (NOI)... More