Adjusted Earnings Per Share increased 5.56% to $0.19 in the quarter versus EPS of $0.18 in the year-earlier quarter.
Revenue: Rose 10.07% to $67 million from the year-earlier quarter.
Investors Real Estate Trust reported adjusted EPS income of $0.19 per share beat the mean analyst estimate of $0.17 by .02 cent The average revenue estimate of $65.93 million.
Revenue increased 0.87% from $66.42 million in the previous quarter. EPS increased 18.75% from $0.16 in the previous quarter.
REIT sector didn't do well yesterday. I wouldn't worry about the stock price as long as operating results are good. The dividends were deposited in my account last night and that's what I bought IRET for.