UPDATE 1-Camden posts Q1 FFO above Street view
* Q1 FFO $0.88 vs est $0.82
* Sees Q2 FFO $0.82-$0.86
* Sees '09 FFO $3.20-$3.45
April 30 (Reuters) - Camden Property Trust (CPT.N) posted quarterly funds from operations (FFO) above market expectations.
The apartment real estate investment trust forecast second-quarter FFO of 82 cents to 86 cents a share.
Analysts on average were expecting FFO of 82 cents a share, according to Reuters Estimates.
For the full year, the company forecast FFO of $3.20 a share to $3.45 a share.
First-quarter FFO was $51.6 million, or 88 cents a share, compared with $52.3 million, or 89 cents a share, a year ago.
Analysts expected FFO of 82 cents a share.
Shares of the company closed at $27.13 Thursday on the New York Stock Exchange.
For the alerts, double-click on [ID:nWNAB1592] (Reporting by Amulya Nagaraj in Bangalore; Editing by Anne Pallivathuckal)
