Plymouth Industrial REIT Reports Fourth Quarter Results and Issues 2019 Guidance
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Plymouth Industrial REIT (PLYM) Reports Q4 Loss of $1.10, Revenues Beat; Issues FY19 EPS Guidance
March 8, 2019 6:33 AM ESTPlymouth Industrial REIT (NYSE: PLYM) reported Q4 EPS of ($1.10), versus ($1.44) reported last year. Revenue for the quarter came in at $13.64 million versus the consensus estimate of $8.74 million.
Reported results for the fourth quarter of 2018 reflect a net loss attributable to common stockholders of $5.2 million, or $(1.10) per weighted average common share, including a loss on extinguishment of debt of $1 million and a gain on sale of real estate of $1 million; net operating income (NOI) of $8.8 million; Funds from operations attributable to common stockholders and unit holders (FFO) of $0.35 per weighted average common share and units;... More