Weingarten Realty Reports Second Quarter Results and Provides COVID-19 Update
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Weingarten Realty Investors (WRI) Misses Q2 EPS by 6c
July 29, 2020 4:49 PM EDTWeingarten Realty Investors (NYSE: WRI) reported Q2 EPS of $0.09, $0.06 worse than the analyst estimate of $0.15.
Second Quarter Operating and Financial Highlights
Net income attributable to common shareholders (Net Income) for the quarter was $0.09 per diluted share (hereinafter per share) compared to $0.65 per share in the same quarter of 2019;Core Funds From Operations Attributable to Common Shareholders ("Core FFO") for the quarter was $0.34 per share compared to $0.53 per share a year ago;Bad debt expense/uncollectible revenue primarily related to COVID-19 for the quarter was $19.3 million or $0.15 per share and included $4.8 million or $0.04 per... More