Recap: Duke Realty Q4 Earnings

Shares of Duke Realty DRE were flat in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 7.89% year over year to $0.41, which beat the estimate of $0.15.

Revenue of $248,674,000 rose by 14.39% year over year, which beat the estimate of $238,290,000.

Outlook

Duke Reality Sees FY 2021 Core FFO $1.62-$168

Recent Stock Performance

Company's 52-week high was at $43.45

52-week low: $25.19

Price action over last quarter: Up 6.03%

Company Description

Duke Realty is an Indianapolis-based publicly traded REIT that owns and operates a portfolio of primarily industrial properties and provides real estate services to third-party owners. It has interest in over 150 million square feet across the largest logistics markets in the U.S.