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Stock impact report

Industrial Logistics Properties Trust Announces First Quarter 2018 Results

Industrial Logistics Properties Trust - Common Shares of Beneficial Interest (ILPT) 
Last industrial logistics properties trust - common shares of beneficial interest earnings: 4/30 07:00 am Check Earnings Report
Company Research Source: Business Wire
First Quarter Net Income of $0.31 Per Share First Quarter Cash Basis NOI Increased by 1.7% Completed IPO for Net Proceeds of Approximately $444 Million NEWTON, Mass.--(BUSINESS WIRE)-- Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced financial results for the quarter ended March 31, 2018. ILPT was formed in 2017 as a wholly owned subsidiary of Select Income REIT (Nasdaq: SIR). On January 17, 2018, ILPT sold approximately 30.8% of its common shares in an initial public offering, or the IPO, and became a separate public company. For periods prior to January 17, 2018, ILPT’s historical results of operations and financial position have been derived from the financial statements of SIR and may not be comparable to future results. SIR currently owns 69.2% of ILPT's outstanding common shares. John Popeo, President and Chief Operating Officer of ILPT, made the followin Show less Read more
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