 WAKEFIELD, Mass. AP _ Franklin Street Properties Corp. FSP on Thursday reported a key measure of profitability in its first quarter. The results topped Wall Street expectations. The Wakefield, Massachusetts-based real estate investment trust said it had funds from operations of 21.3 million, or 20 cents per share, in the period. The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 19 cents per share. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had a loss of 1.1 million, or 1 cent per share. The hybrid real estate investment trust posted revenue of 63 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected 65 million. The companys shares have fallen 37 since the beginning of the year. In the final minutes of trading on Thursday, shares hit 5.42, a decline of 30 in the last 12 months. ___ This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on FSP at 