Education Realty Trust (EDR) Tops Q4 FFO by 3c
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EdR Announces Fourth Quarter and Full-Year 2016 Results
February 21, 2017 6:30 AM ESTMEMPHIS, Tenn., Feb. 21, 2017 /PRNewswire/ -- EdR (NYSE: EDR) (the "Company"), one of the nation's largest developers, owners and managers of high-quality collegiate housing communities, today announced results for the quarter and year ended December 31, 2016.
Company Highlights
Net income attributable to common stockholders was $14.1 million, or $0.19 per diluted share, for the fourth quarter as compared to net income of $14.8 million, or $0.27 per diluted share, in 2015. For the full year, net income attributable to common stockholders was $44.9 million, or $0.65 per diluted share, as compared to $19.9 million, or $0.40 per... More