CHICAGO (AP) — CHICAGO (AP) — Equity Commonwealth (EQC) on Wednesday reported a key measure of profitability in its third quarter.
The real estate investment trust, based in Chicago, said it had funds from operations of $27.4 million, or 25 cents per share, in the period.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had a loss of $28.2 million, or 26 cents per share.
The office building real estate investment trust, based in Chicago, posted revenue of $14 million in the period.
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