RALEIGH, N.C. (AP) _ Highwoods Properties Inc. (HIW) on Tuesday reported a key measure of profitability in its fourth quarter. The results surpassed Wall Street expectations.
The Raleigh, North Carolina-based real estate investment trust said it had funds from operations of $88.7 million, or 84 cents per share, in the period.
The average estimate of nine analysts surveyed by Zacks Investment Research was for funds from operations of 83 cents per share. Read More