Forest City Reports Financial Results

Forest City Enterprises, a Cleveland-based real estate company, recently announced its second-quarter and year-to-date financial results on the PR Newswire.

EBDT (Earnings Before Depreciation, Amortization and Deferred Taxes) for the second quarter was $88.3 million, or $0.82 per share, a 24.2% increase on a per share basis compared with last year's second-quarter results. EBDT for the 6 months ended July 31, 2008 was $104.3 million, or $0.97 per share, compared with last year's $105.7 million, or $0.98 per share.

Clice here for the full earnings release.

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