NYSE:CURBRetail REITs
Curbline Properties (CURB) Stock Can Raised FFO Justify A 125x P/E
Curbline Properties barely moved in regular trading ahead of the earnings close, with the stock edging up just 0.3% to US$31.65, yet the quarter itself was anything but flat. The real story sat in funds from operations, with second quarter funds from operations rising to US$33.3m and funds from operations per share at US$0.31. These figures tend to matter far more for a retail real estate investment trust than headline earnings per share.
For you as a shareholder or potential buyer, the...