Q2 results mixed for REITs

08/21/2008 | National Post (Canada)

Shortfalls in second-quarter earnings reported by REITs exceeded upside surprises, according to RBC Capital Markets analyst Neil Downey. More than 50% of the REITs Downey covers reported earnings in line with expectations, while about 25% fell short of estimates. "Interestingly, there was very little in the way of themes," he said.

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National Post (Canada)

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