Liberty Property Trust (NYSE:LRY), a real estate investment trust (REIT), reported first quarter 2012 FFO (fund from operations) of 68 cents per share compared with 65 cents in the year-earlier quarter. Reported FFO beat the Zacks Consensus Estimate by 5 cents. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income.
Total revenue for first quarter 2012 stood at $169.9 million … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards