Entering text into the input field will update the search result below

More on Government Properties Q3: Same-property cash NOI +2.0%

  • Government Properties Income Trust (NYSE:GOV-OLD) Q3 normalized FFO per share of 53 cents surpasses the average analyst estimate of 50 cents; vs. 41 cents a year ago.
  • Q3 same-property cash basis NOI increases 2.0% Y/Y; same-property NOI rises 0.6%.
  • Entered new and renewal leases during Q3 for an aggregate 182,220 rentable square feet at weighted average rents that were 0.4% below prior rents for the same space.
  • Entered agreements to sell 50 buildings for $438.5M since end of Q2.
  • 93.3% of GOV's total rentable square feet was leased as of Sept. 30, 2018, compared with 94.0% as of June 30, 2018; on a same-property basis 94.6% was leased as of Sept. 30, 2018, unchanged from June 30, 2018.
  • Sees recording a loss on the sale of Select Income REIT (SIR) shares of about $19.4M in Q4 2018.
  • Conference call at 11:00AM ET.
  • Previously: Government Properties beats by $0.03, beats on revenue (Nov. 1)

Recommended For You

Related Stocks

SymbolLast Price% Chg
GOV-OLD--
Government Properties Income Trust