The real estate investment trust specializing in suburban office properties posted revenue of $157.8 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $157.1 million.
For the year, the company reported funds from operations of $176.2 million, or $2.03 per share. Revenue was reported as $641.2 million.
The company’s shares have climbed 3% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $30.26, a rise of 21% 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 OFC at https://www.zacks.com/ap/OFC