Weingarten Realty Investors Reports 6% Advance In Q3 Earnings

(RTTNews) - Weingarten Realty Investors (WRI) reported earnings for its third quarter that advanced from last year.

The company said its bottom line climbed to $70.33 million, or $0.56 per share. This was up from $66.24 million, or $0.53 per share, in last year's third quarter.

Analysts had expected the company to earn $0.55 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.2% to $130.79 million. This was up from $130.52 million last year.

Weingarten Realty Investors earnings at a glance:

-Earnings (Q3): $70.33 Mln. vs. $66.24 Mln. last year. -Earnings Growth (Y-o-Y): 6.2% -EPS (Q3): $0.56 vs. $0.53 last year. -EPS Growth (Y-o-Y): 5.7% -Analysts Estimate: $0.55 -Revenue (Q3): $130.79 Mln vs. $130.52 Mln last year. -Revenue Change (Y-o-Y): 0.2%

-Guidance: Full year EPS guidance: $2.16 - $2.18