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Terreno: Q3 Earnings Snapshot
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BELLEVUE, Wash. (AP) — BELLEVUE, Wash. (AP) — Terreno Realty Corp. (TRNO) on Wednesday reported a key measure of profitability in its third quarter.

The real estate investment trust, based in Bellevue, Washington, said it had funds from operations of $78.5 million, or 72 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 net income of $67.8 million, or 62 cents per share.

The industrial real estate company, based in Bellevue, Washington, posted revenue of $132.2 million in the period.

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

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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