logo
Plus   Neg
Share
Email

Duke Realty Corp. Q2 adjusted earnings Beat Estimates

Duke Realty Corp. (DRE) revealed earnings for second quarter that fell from last year.

The company's earnings came in at $193.85 million, or $0.54 per share. This compares with $1210.54 million, or $3.38 per share, in last year's second quarter.

Excluding items, Duke Realty Corp. reported adjusted earnings of $120.66 million or $0.33 per share for the period.

Analysts had expected the company to earn $0.11 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 11.2% to $210.56 million from $189.41 million last year.

Duke Realty Corp. earnings at a glance:

-Earnings (Q2): $120.66 Mln. vs. $116.56 Mln. last year.
-EPS (Q2): $0.33 vs. $0.32 last year.
-Analysts Estimate: $0.11
-Revenue (Q2): $210.56 Mln vs. $189.41 Mln last year.

-Guidance:
Full year EPS guidance: $1.29 to $1.35

For comments and feedback contact: editorial@rttnews.com

RELATED NEWS
Follow RTT
>