Education Realty Trust, Inc. (EDR) Reports In-Line Q1 FFO
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Education Realty Trust, Inc. (NYSE: EDR) reported Q1 FFO of $0.17, in-line with the analyst estimate of $0.17. Revenue for the quarter came in at $54.55 million versus the consensus estimate of $49.1 million.
Same-community revenue for the quarter increased 3.0%. Without the reclassification of six properties moving into the same-community portfolio at the beginning of 2014, same-community revenue was up 4.2%;
Education Realty Trust, Inc. reaffirmed FY2014 guidance.
For earnings history and earnings-related data on Education Realty Trust, Inc. (EDR) click here.
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