Duke Realty Corp. Reports 4% Retreat In Q3 Bottom Line

(RTTNews) - Duke Realty Corp. (DRE) reported earnings for third quarter that lost ground compared to the same period last year.

The company said its earnings came in at $101.30 million, or $0.29 per share. This was lower than $105.59 million, or $0.30 per share, in last year's third quarter.

Analysts had expected the company to earn $0.29 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 10.4% to $234.54 million. This was down from $261.81 million last year.

Duke Realty Corp. earnings at a glance:

-Earnings (Q3): $101.30 Mln. vs. $105.59 Mln. last year. -Earnings Decline (Y-o-Y): -4.1% -EPS (Q3): $0.29 vs. $0.30 last year. -EPS Decline (Y-o-Y): -3.3% -Analysts Estimate: $0.29 -Revenue (Q3): $234.54 Mln vs. $261.81 Mln last year. -Revenue Change (Y-o-Y): -10.4%

-Guidance: Full year EPS guidance: $1.15 - $1.19