Investing.com - Fukuoka Reit reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Fukuoka Reit announced earnings per share of ¥4K on revenue of ¥9. Analysts polled by Investing.com anticipated EPS of ¥3 on revenue of ¥8,814M.
Fukuoka Reit shares are down 2.76% from the beginning of the year, still down 6.67% from its 52 week high of ¥173,800.00 set on September 20.
Fukuoka Reit follows other major Real Estate sector earnings this month
Fukuoka Reit's report follows an earnings beat by GLP J-REIT on October 12, who reported EPS of ¥3664.81 on revenue of ¥24.88B, compared to forecasts EPS of ¥2638.38 on revenue of ¥23,837M.
Aeon Mall Co Ltd had missed expectations on October 4 with second quarter EPS of ¥3.94 on revenue of ¥97.94B, compared to forecast for EPS of ¥6.4 on revenue of ¥86.69B.
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