U.S. markets closed

IRET Reports First Quarter 2020 Financial and Operating Results

IRET logo (PRNewsfoto/IRET)

MINOT, N.D. , May 11, 2020 /PRNewswire/ -- IRET (NYSE: IRET) announced today its financial and operating results for the quarter ended March 31 , 2020.  The tables below show Net Income (Loss), Funds from Operations ("FFO"), and Core FFO, all on a per share basis, for the three months ended March 31, 2020; Same-Store Revenues, Expenses, and Net Operating Income ("NOI") over comparable periods; and Same-Store Weighted-Average Occupancy for the three months ended March 31, 2020, December 31, 2019 , and March 31, 2019. We have also included certain operating results for the month ended April 30, 2020 .



Three Months Ended March 31,

Per Share


2020


2019

Net Income (Loss) - diluted


$

(0.67)



$

(0.54)


FFO - diluted


$

0.66



$

0.77


Core FFO - diluted


$

0.90



$

0.77


 



Year-Over-Year ...