Taubman Centers (TCO) Tops Q4 EPS by 5c
Taubman Centers (NYSE: TCO) reported Q4 EPS of $0.98, $0.05 better than the analyst estimate of $0.93. Revenue for the quarter came in at $156.2 million versus the consensus estimate of $154.74 million.
“We produced solid fourth quarter results that capped off another strong year for us,” said Robert S. Taubman, chairman, president and chief executive officer of Taubman Centers. “In 2015, we opened a new center, delivered five key redevelopments, and completed a number of financing transactions that strengthened our balance sheet.”
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