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AH REALTY TRUST: Q3 Earnings Snapshot
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VIRGINIA BEACH, Va. (AP) — VIRGINIA BEACH, Va. (AP) — AH REALTY TRUST INC (AHRT) on Monday reported a key measure of profitability in its third quarter.

The Virginia Beach, Virginia-based real estate investment trust said it had funds from operations of $15.3 million, or 16 cents per share, in the period.

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 a loss of $6.6 million, or 7 cents per share.

The real estate company posted revenue of $52.3 million in the period.

AH REALTY TRUST expects full-year funds from operations in the range of 57 cents to 59 cents per share.

The company's shares have decreased slightly more than 3% since the beginning of the year. In the final minutes of trading on Monday, shares hit $6.40, a fall of 2% in the last 12 months.

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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 AHRT at https://www.zacks.com/ap/AHRT

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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