Terreno: Q3 Earnings Snapshot
BELLEVUE, Wash. (AP) _ Terreno Realty Corp. (TRNO) on Wednesday reported a key measure of profitability in its third quarter. The results exceeded ...
BELLEVUE, Wash. (AP) _ Terreno Realty Corp. (TRNO) on Wednesday reported a key measure of profitability in its third quarter. The results exceeded Wall Street expectations. The real estate investment trust, based in Bellevue, Washington, said it had funds from operations of $39.2 million, or 52 cents per share, in the period. The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 50 cents per share. Funds from operations is a closely watched measure in the REIT industry.