Investors Real Estate Trust (IRET) Tops Q2 FFO by 11c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/30/2026

1. INTC
2. AMZN
3. COIN
4. RDDT
5. PINS
6. FSLR
7. SYK
8. DASH
9. GILD
10. SBUX

Go back to Investors Real Estate Trust (IRET) Tops Q2 FFO by 11c

IRET Announces Financial And Operating Results For The Quarter And Year-To-Date Ended October 31, 2016 And Distributions For The Third Quarter Of Fiscal Year 2017

December 12, 2016 4:30 PM EST

MINOT, N.D., Dec. 12, 2016 /PRNewswire/ -- IRET (NYSE: IRET) today reported its financial and operating results for the quarter and year-to-date ended October 31, 2016 and distributions for the third quarter of fiscal year 2017.

Second Quarter Fiscal Year 2017 Highlights

Total revenue was $50.6 million, up 9.2% from the second quarter of fiscal year 2016. Net income available to common shareholders was $8.7 million compared to $13.8 million for the second quarter of fiscal year 2016. The decrease in net income available to common shareholders was primarily due to decreased income from discontinued... More