WASHINGTON (dpa-AFX) - Liberty Property Trust (LRY) said that it expects to report funds from operations or 'FFO' for 2011 in the range of $2.59 - $2.62 per share. The company stated that the new range of reflects the addback of $0.04 in impairment charges that had been taken in the first half of 2011. Liberty had previously announced the expectation for 2011 funds from operations in the range of $2.55 - $2.58 per share.
The company still expects fiscal 2011 net income to be between $1.55 and $1.59 per share.
For fiscal 2012, Liberty expects to report funds from operations in the range of $2.45 - $2.60 per share. Net income per share is anticipated to be in the range of $0.98 - $1.12 per share.
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