Communications Sales & Leasing (CSAL) Misses Q2 EPS by 5c

Communications Sales & Leasing (NASDAQ: CSAL) reported Q2 EPS of $0.05, $0.05 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $128.7 million versus the consensus estimate of $174.7 million.

Funds from Operations ("FFO"), as defined by the National Association of Real Estate Investment Trusts ("NAREIT"), attributable to common shares for the period was $71.8 million, and Adjusted FFO ("AFFO") attributable to common shares was $72.3 million. FFO and AFFO per diluted common share was $0.48 each for the period.

Communications Sales & Leasing sees FY2015 EPS of $0.13-$0.16, versus prior guidance of $0.30.

For earnings history and earnings-related data on Communications Sales & Leasing (CSAL) click here.

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