Washington REIT (WRE) Reports Q4 EPS of $0.66, Revenues Beat

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Go back to Washington REIT (WRE) Reports Q4 EPS of $0.66, Revenues Beat

Washington Real Estate Investment Trust Announces Fourth Quarter and Year-End Operating Results for 2019

February 13, 2020 4:15 PM EST

WASHINGTON, Feb. 13, 2020 (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 and year ended December 31, 2019:

Full-Year 2019 Financial Results

Net income attributable to controlling interests was $383.6 million, or $4.75 per diluted share, including net gains on the sale of real estate of $399.0 millionNAREIT FFO(1) was $1.66 per diluted shareCore FFO(1) was $1.71 per diluted share

Fourth Quarter... More