Education Realty Trust (EDR) Reports In-Line Q2 FFO
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EdR Announces Second Quarter 2016 Results
August 1, 2016 7:01 AM EDTMEMPHIS, Tenn., Aug. 1, 2016 /PRNewswire/ -- EdR (NYSE: EDR), one of the nation's largest developers, owners and managers of high-quality collegiate housing communities, today announced results for the quarter ended June 30, 2016.  Â
Company Highlights
Net income attributable to common stockholders increased $14.7 million to $17.6 million for the second quarter, with net income attributable to common stockholders per diluted share up $0.20 to $0.26 per share; Operating income for the quarter increased 6.1% for the second quarter on a 13.6% increase in revenue and a 15.0% increase in operating expenses. Year to... More