Washington REIT (WRE) Misses Q1 EPS by 4c

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Go back to Washington REIT (WRE) Misses Q1 EPS by 4c

WashREIT Announces First Quarter 2022 Results and Updates Progress on Southeast Expansion

April 27, 2022 4:30 PM EDT

WASHINGTON, April 27, 2022 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (WashREIT or the Company) (NYSE: WRE), a multifamily REIT with properties in the Washington metro area and the Southeast, reported financial and operating results today for the quarter ended March 31, 2022:

Financial Results

Net loss was $7.7 million, or $0.09 per diluted shareNAREIT FFO was $14.5 million, or $0.17 per diluted shareCore FFO was $0.20 per diluted share... More