Education Realty Trust (EDR) Tops Q3 EPS by 4c; Updates Guidance

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EdR Announces Third Quarter 2017 Results

October 30, 2017 6:00 AM EDT

MEMPHIS, Tenn., Oct. 30, 2017 /PRNewswire/ -- EdR (NYSE: EDR), one of the nation's largest developers, owners and managers of high-quality collegiate housing communities, today announced results for the quarter ended September 30, 2017.   

Company Highlights

Net loss attributable to common stockholders for the third quarter was $0.2 million, or $0.01 per diluted share, as compared to a net loss of $3.5 million, or $0.05 per diluted share in the third quarter of 2016. Core funds from operations ("Core FFO") for the third quarter increased 11.7% to $21.7 million... More