Wheeler Real Estate Investment Trust, Inc. provided earnings guidance for the second quarter 2016. For the quarter, the company expects annualized AFFO guidance of $0.16-$0.17 per share, which compares to the previously announced first quarter 2016 annualized AFFO guidance of $0.11-$0.12 per share. AFFO guidance assumes flat occupancy rates, renewal spreads, and interest rates, as well as no further acquisitions or capital raises during the quarter.

Second quarter 2016 annualized AFFO guidance of $0.16-$0.17 per share excludes approximately $0.02 per share on an annualized basis of identified third party development and leasing fees that the company expects to earn in the second half of 2016.