One Liberty Properties, Inc. (OLP) reported second-quarter net income attributable to the company of $5.8 million or $0.39 per share, up from $5.1 million or $0.35 per share in the comparable quarter last year.
Funds from operations, or FFO, for the quarter was $6.3 million or $0.42 per share, compared to last year's FFO of $6.7 million or $0.46 per share in the same quarter.
On average, 2 analysts polled by Thomson Reuters expected the company to earn $0.38 per share for the quarter.
Revenues for the quarter rose 6.8 percent to $11.7 million from $11.0 million a year ago.
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