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Stock Market & Financial Investment News

News Breaks
February 4, 2013
17:04 EDTPPSPost Properties sees FY13 core FFO $2.46-$2.56, consensus $2.86
Sees FY13 revenue increase 4.25%-5.25%.
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July 31, 2014
16:44 EDTPPSPost Properties now sees FY14 core FFO $2.30-$2.35, consensus $2.44
Now sees FY14 Core FFO before debt extinguishment losses $2.62-$2.66 compared to prior view of $2.55-$2.62. Now sees FY14 same store revenue up 2.7%-3%, compared to prior view of up 2.3%-2.8%. Now sees FY14 same store NOI up 1%-1.6%, from up 0.3%-1.4% previously.
16:41 EDTPPSPost Properties reports Q2 core FFO 58c, consensus 62c
Reports Q2 revenue $95.0M, consensus $93.64M. Average economic occupancy at the company’s 48 same store communities, containing 17,714 apartment units, was 96.2% and 95.5% for the second quarter of 2014 and 2013, respectively. Total revenues for the same store communities increased 3.0% and total operating expenses increased 7.3% during Q2 compared to 2013, producing a 0.3% increase in same store net operating income.
July 28, 2014
06:20 EDTPPSPost Properties downgraded to Neutral from Buy at Citigroup
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