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Forest City (FCE.A) 4Q15 Results: Beats on Earnings, Led by Acquisitions, Increased Occupancies and Rent

Real estate investment trust Forest City reported 4Q15 adjusted revenues of $347.1 million, up 8.1% year over year, beating the consensus estimate of $326.8 million. Fourth-quarter comparable net operating income (NOI) increased by 5.9% year over year, led by increases of 7.6% in office, 5.6% in apartments and 4.2% in retail.

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