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PREIT Lowers 2012 FFO Guidance

By Insider Scoop
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Courtesy of Benzinga.

Pennsylvania Real Estate Investment Trust (NYSE: PEI) announced today that it is adjusting its estimates for 2012 Funds From Operations and net loss per diluted share to reflect the recently signed executive employment agreements.

Previously provided FFO guidance $ 1.83-1.90

FFO, as revised $1.72-1.79

(c) 2012 Benzinga.com. All rights reserved. This material may not be published in its entirety or redistributed without the approval of Benzinga.


For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.

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