Washington Prime Group (WPG) Tops Q3 EPS by 2c

Washington Prime Group (NYSE: WPG) reported Q3 EPS of $0.26, $0.02 better than the analyst estimate of $0.24. Revenue for the quarter came in at $167.7 million versus the consensus estimate of $169.2 million.

Same property net operating income (NOI) for the third quarter of 2014 increased 2.8 percent from the third quarter of 2013. Ending occupancy for the portfolio rose to 92.7 percent, an increase of 50 basis points from the third quarter of 2013 and 30 basis points from the second quarter of 2014.

For earnings history and earnings-related data on Washington Prime Group (WPG) click here.

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