11:14 AM EST - First Capital Realty Inc. : reported fourth quarter Funds from operations or FFO of $32.7 million or $0.40 per share, compared to $26.9 million or $0.38 per share in the year-ago quarter. Net income in the fourth quarter of 2006 totalled $12.0 million or $0.16 per share compared to $7.6 million or $0.11 per share in the same period in 2005. On average, 7 analysts polled by First Call/Thomson Financial expected the company to earn $0.38 per share. Revenues for the quarter were $91.6 million, up from $71.7 million in the prior year quarter. First Capital Realty Inc.
shares T.FCR are trading unchanged at $27.15.
