Weingarten Realty Reports Fourth Quarter Results and Increases Dividend

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Weingarten Realty Investors (WRI) Tops Q4 EPS by 8c, Revenues Beat

February 22, 2021 4:07 PM EST

Weingarten Realty Investors (NYSE: WRI) reported Q4 EPS of $0.18, $0.08 better than the analyst estimate of $0.10. Revenue for the quarter came in at $112.08 million versus the consensus estimate of $106.17 million.

Fourth Quarter and Full Year Operating and Financial Highlights

Net income attributable to common shareholders (Net Income) for the fourth quarter was $0.18 per diluted share (hereinafter per share) compared to $0.20 per share in the third quarter of 2020 and $0.58 per share in the same quarter of 2019;Core Funds From Operations Attributable to Common Shareholders ("Core FFO") for the quarter was $0.43 per share compared to... More