New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 19, 2013
06:11 EDTEDREducation Realty reports Q4 Core FFO 16c, consensus 16c
Reports Q4 revenue $43.12M, consensus $40.86M. Same-community net operating income, or NOI, for Q4 2.7% on flat revenue and a 3.3% increase in operating expenses.
News For EDR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 25, 2015
10:01 EDTEDROn The Fly: Analyst Downgrade Summary
Subscribe for More Information
08:53 EDTEDREducation Realty downgraded to Hold from Buy at Sandler O'Neill
Sandler O'Neill downgraded Education Realty Trust to Hold based on slowing revenue growth in 2H 2015. Price target is $38.
February 23, 2015
07:04 EDTEDREducation Realty backs FY15 core FFO view $1.74-$1.82, consensus $1.80
Construction is on schedule for the 2015 developments at the Universities of Georgia, Connecticut and Louisville, with leasing well underway, the company said. The UK campus housing revitalization plan is proceeding as planned with 2,982 beds of new housing delivered to date. The same-community portfolio is currently 130 basis points ahead of prior year with 55.0% of the beds preleased for the fall. "Based on current leasing velocity and market conditions, we expect fall occupancy for the same-community portfolio to be consistent with the prior year and rates to be up 3.0%. Combined we anticipate rent growth for the 2015-2016 lease term ranging from 2.5% to 3.5%," Education Realty said.
07:03 EDTEDREducation Realty reports Q4 core FFO 60c, consensus 57c
Reports Q4 revenue $66.5M, consensus $61.33M. Same-community revenue was up 2.9% as compared to the prior year with a 1.9% increase in rental rates and a 1.0% improvement in occupancy while other income was in-line with the prior year.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use