Equity Commonwealth (EQC) Tops Q1 FFO by 4c

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Equity Commonwealth Reports First Quarter 2016 Results

May 4, 2016 4:12 PM EDT

CHICAGO--(BUSINESS WIRE)-- Equity Commonwealth (NYSE: EQC) today reported its financial results for the quarter ended March 31, 2016. All per share results are reported on a diluted basis.

Financial results for the quarter ended March 31, 2016

Funds from Operations (FFO), as defined by the National Association of Real Estate Investment Trusts, for the quarter ended March 31, 2016, were $38.8 million, or $0.30 per share. This compares to FFO for the quarter ended March 31, 2015 of $65.4 million, or $0.50 per share.

Normalized FFO was $37.3 million, or $0.29 per share. This compares to Normalized FFO for the quarter ended March 31,... More