Form 424B5 Education Realty Trust,

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Education Realty Trust (EDR) Tops Q1 FFO by 7c; Updates FY16 OUtlook

May 2, 2016 7:09 AM EDT

Education Realty Trust (NYSE: EDR) reported Q1 FFO of $0.54, $0.07 better than the analyst estimate of $0.47. Revenue for the quarter came in at $73.38 million versus the consensus estimate of $68.78 million.

Same-community NOI increased 8.5% for the quarter, on a 4.0% increase in revenue and a 2.9% decline... More