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Duke Realty first-quarter profit, funds from operations down

SAN FRANCISCO (MarketWatch) — Duke Realty Corp. late Wednesday reported its first-quarter net income fell to $4.3 million, or 3 cents a share, from $74 million, or 49 cents a share, a year earlier. Funds from operations decreased to $89.2 million, or 58 cents a share, from $92.5 million, or 62 cents a share, a year ago. Revenue from continuing operations rose slightly to $242.7 million from $224.5 million a year ago, said the Indianapolis-based real estate investment trust. Analysts polled by FactSet Research had forecast earnings of 18 cents a share and funds from operations at 62 cents a share.
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Original post by Forextvblog

This entry was posted on Wednesday, April 30th, 2008 at 6:47 pm and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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