(Reuters) - The company, known as Aimco, reported first-quarter FFO of $74.1 million, or 74 cents a share, compared with $66 million, or 68 cents a share.
Factoring out impairment and preferred redemption charges, FFO -- a measure of performance commonly used by real estate investment trusts, which factors out the effects of depreciation, a noncash item -- came to 75 cents per share.
Read more at Reuters.com Market News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment