-
Douglas Emmett Posts In-Line Fundamental Quarter
Wednesday, November 3, 2010 - 9:15am | 211Douglas Emmett (NYSE: DEI) reported headline 3Q results that were above our and consensus estimates. However, the majority of the upside was due to higher tenant recoveries that more than offset higher OpEx. Bundy acquisition was likely neutral. Behind the noise of these transactions,...
-
Alexandria Real Estate Equities, Inc. Reports Third Quarter EPS of $.45
Wednesday, November 3, 2010 - 8:35am | 210Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced financial and operating results for the third quarter ended September 30, 2010. Third Quarter 2010: Third Quarter 2010 Funds from Operations Per Share (Diluted) Attributable to Alexandria Real Estate Equities, Inc.'s Common...
-
FBR Capital Upgrades OFC To Market Perform
Wednesday, November 3, 2010 - 8:11am | 51Analysts at FBR Capital upgrade Corporate Office Properties Trust (NYSE: OFC) from "underperform" to "market perform." The target price for OFC is set to $38. OFC's shares gained 0.28% to close at $35.97 yesterday. More Analyst Ratings here
-
Kilroy Realty Reports Ahead Of Estimates
Wednesday, November 3, 2010 - 7:40am | 175Deutsche Bank has published a research report on Kilroy Realty Corporation (NYSE: KRC) following the recent occupancy gains and capital deployment in the company's 3Q. In the report, Deutsche Bank writes "KRC reported 3Q FFO of $0.54/sh which was $0.01 ahead of our estimate and the consensus. Lower...
-
Duke Realty Beats Estimates - Analyst Blog
Tuesday, November 2, 2010 - 10:30am | 461Duke Realty Corp. (DRE), a real estate investment trust (REIT), reported third quarter 2010 FFO (fund from operations) of $129.0 million or 50 cents per share compared to an FFO loss of $236.2 million or $1.02 in the year-ago quarter. Fund from operations, a widely used metric to gauge the...
-
Corporate Office Properties Trust Prices Offering of 6.5M Shares at $34.25
Tuesday, November 2, 2010 - 9:14am | 91Corporate Office Properties Trust (NYSE: OFC) announced today the pricing of its public offering of 6,500,000 newly issued common shares at $34.25 per share. The Company has granted the underwriters an option to purchase up to an additional 975,000 shares during the next 30 days to cover over-...
-
Parkway Properties Reports Earnings Slightly Below Estimates
Tuesday, November 2, 2010 - 8:13am | 176Parkway Properties (NYSE: PKY) reported 3Q results that were slightly below Citi's estimate and consensus. 2010 core guidance increased to $2.47-$2.57 from $2.40-$2.60. Leasing volume remains strong as PKY continues to make progress resolving its significant near-term expirations. 2011 lease roll...
-
Brandywine Realty Trust In-Line With Consensus, Below Citigroup Estimates
Thursday, October 28, 2010 - 11:13am | 91Brandywine Realty Trust (NYSE: BDN) reported 3Q results that were slightly below Citigroup's estimate but were in-line with the consensus. “Implied 4Q guidance of 31-33c is in-line with consensus (32c) and above our estimate (30c),” Citigroup writes. “Mgmt provided initial 2011 guidance of $1.24-$1...
-
Duke Realty 3Q Results Beat The Street
Thursday, October 28, 2010 - 9:13am | 134Duke Realty (NYSE: DRE) reported core 3Q results that were ahead of Citi's and the Street estimates. Results were clean and generally of high quality. Leasing volume in the Qtr was robust and occupancy increased 100bp. 2010 guidance has increased to $1.11-$1.15 from what had been a wide range...
-
Mack-Cali Realty Corporation Announces Third Quarter EPS of $.16
Thursday, October 28, 2010 - 8:32am | 78Mack-Cali Realty Corporation (NYSE: CLI) today reported its results for the third quarter 2010. Recent highlights include: Reported funds from operations of $0.69 per diluted share; Reported net income of $0.16 per diluted share; and Declared $0.45 per share quarterly cash common stock...
-
OFC Reports Another Weak Quarter
Thursday, October 28, 2010 - 7:18am | 164Corporate Office Properties Trust (NYSE: OFC) reported yet another week quarter, according to Citigroup, which believes the company is missing estimates because of soft operating fundamentals. In the report, Citigroup writes "An update to 2010 guidance will be provided on the call tomorrow along...
-
Boston Properties Beats Estimates - Analyst Blog
Wednesday, October 27, 2010 - 3:33pm | 544Boston Properties Inc. (BXP), one of the leading real estate investment trusts (REITs), reported third quarter 2010 FFO (funds from operations) of $150.8 million or $1.07 per share, compared with $158.5 million or $1.13 in the year-earlier quarter. Fund from operations, a widely used metric to...
-
Kilroy Realty Upgraded to Hold
Wednesday, October 27, 2010 - 10:25am | 26Stifel Nicolaus is upgrading Kilroy Realty (NYSE: KRC) from Sell to Hold. Kilroy Realty is currently trading at $35.20.
-
Goldman Sachs Comments On Boston Properties (BXP)
Wednesday, October 27, 2010 - 7:20am | 131Goldman Sachs has a research note on Boston Properties (NYSE: BXP) after the REIT reported earnings after the bell yesterday. It has a Neutral rating on shares. In a note to clients, Goldman writes, "The results were better than expected and BXP continues to benefit from the improving NYC office...
-
What is Hypermiling?
Tuesday, October 26, 2010 - 9:52pm | 833Everyone is always looking for a way to eliminate expenses from their monthly budget. One of the ways that you can reduce your expenses is by properly managing your driving habits. Your driving habits have a direct result on your fuel economy. You can put more money in your own...