Earnings Scorecard: BRE Properties
Posted on May 11, 2012 at 18:43 PM EDT
BRE Properties Inc. (NYSE:BRE), a real estate investment trust (REIT),reported first quarter 2012 funds from operations (FFO) of $43.6 million or 57 cents per share compared with $34.8 million or  53 cents per share in the year-earlier quarter. Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding [...]

BRE Properties Inc. (NYSE:BRE), a real estate investment trust (REIT),reported first quarter 2012 funds from operations (FFO) of $43.6 million or 57 cents per share compared with $34.8 million or  53 cents per share in the year-earlier quarter.
Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income. FFO per share in the reported quarter was in line with the Zacks Consensus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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