Liberty Property Trust (LRY) reported that its first-quarter profit to shareholders increased to $71.24 million from $37.09 million last year. Net income per share was $0.60, compared to $0.32 prior year. Income from continuing operations decreased to $32.06 million or $0.25 per share, from $34.22 million or $0.28 per share, last year.
Funds from operations available to common shareholders was $0.65 per share, compared to $0.68 prior year. Total operating revenue increased to $176.57 million from $166.94 million last year.
On average, eight analysts polled by Thomson Reuters expected the company to report profit of $0.63 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $175.93 million for the quarter.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.