Associated Estates Realty Corp. (AEC) reported a fourth-quarter net loss attributable to the company of $2.816 million compared to a loss of $795 thousand last year. Net loss per share applicable to shares was $0.23 compared to profit of $0.02 per share prior year.
Funds from Operations decreased to $4.275 million or $0.26 per share from $7.846 million or $0.48 per share last year.
Adjusted Funds from Operations was $4.275 million compared to $5.700 million prior year. Funds from operations per share as adjusted decreased to $0.26 from $0.35 prior year.
On average, 4 analysts polled by Thomson Reuters expected the company to report profit of $0.26 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenue was $32.415 million compared to $32.926 million a year ago. Analysts expected revenue of $32.01 million for the quarter.
The company said its current FFO expectations for 2010 range between $0.86 to $0.92 per common share.
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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.