NEW YORK (AP) — NEW YORK (AP) — Curbline Properties Corp. (CURB) on Thursday reported a key measure of profitability in its third quarter. The results met Wall Street expectations.

The real estate investment trust, based in New York, said it had funds from operations of $37.4 million, or 32 cents per share, in the period.

The average estimate of five analysts surveyed by Zacks Investment Research was for funds from operations of 32 cents per share.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had net income of $7.4 million, or 6 cents per share.

The convenience store real estate investment trust, based in New York, posted revenue of $71.1 million in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $65.3 million.

Curbline expects full-year funds from operations in the range of $1.25 to $1.27 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CURB at https://www.zacks.com/ap/CURB