TIER REIT (TIER) Reports Q3 EPS of $0.43, Revenues Beat; Lifts FY18 EPS Outlook

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Go back to TIER REIT (TIER) Reports Q3 EPS of $0.43, Revenues Beat; Lifts FY18 EPS Outlook

TIER REIT Announces Third Quarter 2018 Financial Results

November 5, 2018 6:33 AM EST

Net Income of $0.43 per diluted common share

FFO, Excluding Certain Items, of $0.38 per diluted common share

Significantly reduced leverage through recent equity raises

Domain 10 development commenced in October with strong leasing activity

Completed dispositions of Fifth Third Center in August and Plaza at MetroCenter in October

DALLAS--(BUSINESS WIRE)-- TIER REIT, Inc. (NYSE: TIER), a Dallas-based real estate investment trust that specializes in owning and operating best-in-class office properties in select U.S. markets, today announced financial and... More