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Weingarten Realty Investors Q3 Revenues Beat Street Mark, Core FFO in Line

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Weingarten Realty Investors ( WRI ), a real estate investment trust, reported late Thursday Q3 core funds from operations of $0.58 per share, up from $0.56 per share in the prior year period and in line with the Street estimate provided by Capital IQ.

Total revenues were $138.6 million, up from $130.8 million reported for the same period last year and higher than the $134.5 million Street estimate.

For 2016, the company expects core FFO to range from $2.28 to $2.32 per share compared to the $2.30 average estimate from analysts.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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