Gramercy Property Trust (GPT) Reports Q1 EPS of $0.17
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Gramercy Property Trust Reports First Quarter 2016 Financial Results
May 4, 2016 6:30 AM EDTNEW YORK--(BUSINESS WIRE)-- Gramercy Property Trust (NYSE: GPT)
Highlights
Generated Core FFO of $76.9 million or $0.18 per diluted common share for the first quarter of 2016 compared to $20.8 million or $0.13 per diluted common share for the first quarter of 2015, an increase of 38.5% per diluted common share. Generated NAREIT defined funds from operations ("FFO") of $62.1 million or $0.15 per diluted common share for the first quarter of 2016 compared to $17.0 million or $0.11 per diluted common share for the first quarter of 2015, an increase of 36.4% per diluted common... More