Tuesday, 24 July 2007

First Industrial posts higher quarterly FFO

(Reuters) - FFO removes the profit-reducing effect that depreciation --
a noncash accounting item -- has on earnings.




In April, First Industrial said it expected 2007 FFO in the
range of $4.40 to $4.60 a share. On Tuesday, it said it
expected FFO for the full year of $4.45 to $4.65.



Read more at Reuters.com Market News

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