Duke Realty Corp. Reveals 10% Advance In Q3 Bottom Line

(RTTNews) - Duke Realty Corp. (DRE) reported a profit for its third quarter that gained ground from last year.

The company said its bottom line rose to $110.97 million, or $0.31 per share. This was up from $101.30 million, or $0.29 per share, in last year's third quarter.

Analysts had expected the company to earn $0.30 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 3.6% to $226.20 million. This was down from $234.54 million last year.

Duke Realty Corp. earnings at a glance:

-Earnings (Q3): $110.97 Mln. vs. $101.30 Mln. last year. -Earnings Growth (Y-o-Y): 9.5% -EPS (Q3): $0.31 vs. $0.29 last year. -EPS Growth (Y-o-Y): 6.9% -Analysts Estimate: $0.30 -Revenue (Q3): $226.20 Mln vs. $234.54 Mln last year. -Revenue Change (Y-o-Y): -3.6%

-Guidance: Full year EPS guidance: $1.18 - $1.20