NEW YORK (AP) _ American Finance Belief, Inc. (RTL) on Wednesday reported a key measure of profitability in its fourth quarter.
The true property funding belief, based mostly in New York, mentioned it had funds from operations of $26.8 million, or 22 cents per share, within the interval.
Funds from operations is a intently watched measure within the REIT business. It takes internet earnings and provides again gadgets similar to depreciation and amortization.
The corporate mentioned it had a lack of $40.2 million, or 33 cents per share.
American Finance Belief, based mostly in New York, posted income of $82.5 million within the interval.
For the 12 months, the corporate reported funds from operations of $118 million. Income was reported as $335.2 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) utilizing knowledge from Zacks Funding Analysis. Entry a Zacks inventory report on RTL at https://www.zacks.com/ap/RTL