Equity Commonwealth (EQC) Tops Q1 FFO by 3c

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Equity Commonwealth Reports First Quarter 2019 Results

April 29, 2019 4:10 PM EDT

CHICAGO--(BUSINESS WIRE)-- Equity Commonwealth (NYSE: EQC) today reported financial results for the quarter ended March 31, 2019. All per share results are reported on a diluted basis.

Financial results for the quarter ended March 31, 2019

Net income attributable to common shareholders was $208.5 million, or $1.67 per share, for the quarter ended March 31, 2019. This compares to net income attributable to common shareholders of $185.6 million, or $1.48 per share, for the quarter ended March 31, 2018. The increase in net income was primarily due to a loss on asset impairment in the prior period and increases in interest and... More