VIRGINIA BEACH, Va. (AP) — VIRGINIA BEACH, Va. (AP) — AH REALTY TRUST INC (AHRT) on Monday reported a key measure of profitability in its first quarter.
The Virginia Beach, Virginia-based real estate investment trust said it had funds from operations of $15.1 million, or 15 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 $33.3 million, or 33 cents per share.
The real estate company posted revenue of $52.3 million in the period.
AH REALTY TRUST expects full-year funds from operations in the range of 51 cents to 55 cents per share.
The company’s shares have fallen almost 10% since the beginning of the year. In the final minutes of trading on Monday, shares hit $5.98, a drop of 14% 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 AHRT at https://www.zacks.com/ap/AHRT
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
