Industrial Logistics Properties Trust (ILPT) Misses Q2 EPS by 2c, Beats on Revenues

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Industrial Logistics Properties Trust Announces Second Quarter 2018 Results

July 27, 2018 7:00 AM EDT

Second Quarter Net Income of $0.29 Per Share

Second Quarter Normalized FFO of $0.39 Per Share

Second Quarter Same Property Cash Basis NOI Increased by 3.3%

NEWTON, Mass.--(BUSINESS WIRE)-- Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced financial results for the quarter and six months ended June 30, 2018. ILPT was formed in 2017 as a wholly owned subsidiary of Select Income REIT (Nasdaq: SIR). On January 17, 2018, ILPT sold approximately 30.8% of its common shares in an initial public offering, or the... More