Washington REIT (WRE) Misses Q1 EPS by 12c, Slight Beat on Revenues

Go back to Washington REIT (WRE) Misses Q1 EPS by 12c, Slight Beat on Revenues

Washington Real Estate Investment Trust Announces First Quarter Financial and Operating Results and Quarterly Dividend

April 24, 2019 4:16 PM EDT

WASHINGTON, April 24, 2019 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (WashREIT or the Company) (NYSE: WRE), a leading owner and operator of commercial and multifamily properties in the Washington, DC area, reported financial and operating results today for the quarter ended March 31, 2019:

First Quarter 2019 Highlights

Net Income and NAREIT Funds from Operations (FFO)(1)

Net loss attributable to controlling interests was $4.4 million, or $0.06 per diluted share, compared to net income attributable to the controlling interests of $3.3 million, or... More