Armada Hoffler Properties (AHH) Tops Q3 EPS by 9c; Raises Outlook

Armada Hoffler Properties (NYSE: AHH) reported Q3 EPS of $0.17, $0.09 better than the analyst estimate of $0.08.

• Net income of $10.5 million, or $0.17 per diluted share, for the quarter ended September 30, 2017 compared to net income of $7.9 million, or $0.15 per diluted share, for the quarter ended September 30, 2016.
• Normalized Funds From Operations (“FFO”) of $15.5 million, or $0.25 per diluted share, for the quarter ended September 30, 2017 compared to Normalized FFO of $13.2 million, or $0.26 per diluted share, for the quarter ended September 30, 2016.
• FFO of $15.5 million, or $0.25 per diluted share, for the quarter ended September 30, 2017 compared to FFO of $13.1 million, or $0.25 per diluted share, for the quarter ended September 30, 2016.
• Raised 2017 full-year Normalized FFO guidance range to $0.98 to $1.00 per diluted share from the previously reported guidance range of $0.97 to $0.99 per diluted share.

For earnings history and earnings-related data on Armada Hoffler Properties (AHH) click here.

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