Brookfield Property Partners L.P. (BPY) Reports Q4 EPS of $0.51

Brookfield Property Partners L.P. (NASDAQ: BPY) reported Q4 EPS of $0.51, versus $0.17 reported last year.

“2018 was a transformational year for BPY as we grew our earnings, continued our capital recycling initiatives, completed the acquisition of GGP and launched BPR, our new U.S. REIT,” said Brian Kingston, chief executive officer. “With our fifth consecutive year of increased Company FFO per unit, we are pleased to announce that we are raising the quarterly distribution to unitholders by 5% and will also be allocating a significant amount of capital to repurchase our own units at a substantial discount to their underlying value.”

For earnings history and earnings-related data on Brookfield Property Partners L.P. (BPY) click here.

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