The real estate investment trust involved mostly in shopping malls posted revenue of $59.8 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $58.2 million.
The company’s shares have climbed 13% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $53.36, a climb of nearly 8% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BFS at https://www.zacks.com/ap/BFS