Franklin Street Properties (FSP) Reports In-Line Q4 EPS, Revenues Beat; Offers FY19 EPS Guidance Below Consensus

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Go back to Franklin Street Properties (FSP) Reports In-Line Q4 EPS, Revenues Beat; Offers FY19 EPS Guidance Below Consensus

Franklin Street Properties Corp. Announces Fourth Quarter / Annual 2018 Results and 2019 Guidance

February 12, 2019 4:30 PM EST

WAKEFIELD, Mass.--(BUSINESS WIRE)-- Franklin Street Properties Corp. (the Company, FSP, we or our) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the fourth quarter and year ended December 31, 2018.

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

Leasing activity within our property portfolio of 32 operating and 3 redevelopment properties continued to be solid during the fourth quarter of 2018, with approximately 398,000 square feet leased during the quarter. This leasing activity contributed to making 2018 a record year of leasing at FSP, with approximately 1,681,000 square feet leased... More