Monmouth Real Estate (MNR) Tops Q1 FFO by 1c
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Monmouth Real Estate Reports Results For The First Quarter Ended December 31, 2016
February 8, 2017 4:38 PM ESTFREEHOLD, N.J., Feb. 8, 2017 /PRNewswire/ -- Monmouth Real Estate Investment Corporation (NYSE: MNR) reported Net Income Attributable to Common Shareholders of $6,156,000 or $0.09 per diluted share for the three months ended December 31, 2016 as compared to $4,787,000 or $0.08 per diluted share for the three months ended December 31, 2015 representing an increase per share of 13%. Core Funds from Operations (Core FFO) were $13,857,000 or $0.20 per diluted share for the three months ended December 31, 2016 as compared to $11,012,000 or $0.17 per diluted share for the three months ended December 31, 2015 representing an increase in Core FFO per share of 18%. Adjusted Funds from... More
