Weingarten Realty Investors Announces 5% Rise In Q2 Profit

(RTTNews) - Weingarten Realty Investors (WRI) reported a profit for its second quarter that rose compared to the same period last year.

The company said its bottom line came in at $79.34 million, or $0.61 per share. This was up from $75.31 million, or $0.59 per share, in last year's second quarter.

The company said revenue for the quarter rose 9.9% to $146.02 million. This was up from $132.81 million last year.

Weingarten Realty Investors earnings at a glance:

-Earnings (Q2): $79.34 Mln. vs. $75.31 Mln. last year. -Earnings Growth (Y-o-Y): 5.4% -EPS (Q2): $0.61 vs. $0.59 last year. -EPS Growth (Y-o-Y): 3.4% -Revenue (Q2): $146.02 Mln vs. $132.81 Mln last year. -Revenue Change (Y-o-Y): 9.9%

-Guidance: Full year EPS guidance: $2.38 - $2.44