fourthquarter profit before preferred dividends surged to 1845 million from 99 million a year earlier on a pershare basis profit rose to 118 funds from operations a key performance measure for realestate investment trusts rose to 155 a share from 137 a year earlier analysts surveyed by factset expected 50 cents a share in profit 153 a share in ffo and 728 million in revenue the office realestate company ended the year at a profit before preferred dividends of 5052 million on 289 billion in revenue compared with a profit of 8727 million and 277 billion in revenue a year earlier its properties are concentrated in boston los angeles new york san francisco seattle and washington dc