Impact: Slightly positive. We view second quarter results in isolation as somewhat of a non-event in light of material disposition activity to date, and believe more focus will be placed on the uplift to corporate guidance and operating cost reductions, which should help to buoy our estimates going forward.
04 Aug 2016
2Q16 FFO $197 MM (FCCE: $194 MM; CONSENSUS $185 MM)
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2Q16 FFO $197 MM (FCCE: $194 MM; CONSENSUS $185 MM)
Impact: Slightly positive. We view second quarter results in isolation as somewhat of a non-event in light of material disposition activity to date, and believe more focus will be placed on the uplift to corporate guidance and operating cost reductions, which should help to buoy our estimates going forward.