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Camden Property Trust Issues Q1, FY 2013 FFO Guidance In Line With Analysts' Estimates; Declares First Quarter 2013 Dividend


Thursday, 31 Jan 2013 04:17pm EST 

Camden Property Trust announced that for fiscal 2013, it expects fund from operation (FFO) to be $3.85 to $4.05 per diluted share, and EPS to be $1.38 to $1.58 per diluted share. For the first quarter of 2013, it expects earnings guidance of $0.92 to $0.96 per diluted share for fund from operation (FFO) and $0.28 to $0.32 per diluted share for EPS. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report FFO per share of $3.94 for fiscal 2013 and FFO per share of $0.94 the first quarter of 2013. The Company also announced that the Board of Trust Managers declared a first quarter 2013 dividend of $0.63 per common share, which is a 12.5% increase over the Company's prior quarterly dividend of $0.56 per share. The dividend is payable on April 17, 2013 to holders of record as of March 28, 2013. 

Company Quote

75.68
0.67 +0.89%
21 Nov 2014