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Pennsylvania REIT revises FY'17 funds from operations outlook

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Pennsylvania REIT revises FY'17 funds from operations outlook

Pennsylvania Real Estate Investment Trust expects funds from operations per share for 2017 in the range of $1.64 to $1.70 and introduced guidance for FFO, as adjusted, in the range of $1.66 to $1.72 per share.

The new full-year FFO estimate was revised from previously reaffirmed guidance of between $1.64 and $1.74 per share.

The S&P Capital IQ consensus FFO-per-share estimate for the year is $1.67.