Franklin Street Properties (FSP) Reports In-Line Q4 EPS

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Go back to Franklin Street Properties (FSP) Reports In-Line Q4 EPS

Franklin Street Properties Corp. Announces Fourth Quarter and Annual 2016 Results

February 14, 2017 4:20 PM EST

WAKEFIELD, Mass.--(BUSINESS WIRE)-- Franklin Street Properties Corp. (the Company, FSP, we or our) (NYSE MKT: FSP), a real estate investment trust (REIT), announced its results for the fourth quarter and year ended December 31, 2016.

George J. Carter, Chairman and Chief Executive Officer, commented as follows:

As 2017 begins, FSP expects to see Funds From Operations (FFO) growth for the full year, resulting in between $1.04 and $1.09 per fully diluted share. We expect growth to be led by contributions from increased leasing activity at our properties, full year contribution from our 2016 acquisitions and anticipated successful results from our... More