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Post Properties (PPS) Misses Q3 FFO by 6c

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Post Properties Announces Third Quarter 2016 Earnings

October 31, 2016 4:15 PM EDT

Investor/Analyst Conference Call Scheduled for Tuesday, November 1st at 10:00 a.m. ET

ATLANTA--(BUSINESS WIRE)-- Post Properties, Inc. (NYSE: PPS) announced today net income available to common shareholders of $16.7 million, or $0.31 per diluted share, for the third quarter of 2016, compared to $19.2 million, or $0.35 per diluted share, for the third quarter of 2015.

Net income available to common shareholders for the nine months ended September 30, 2016, was $56.9 million, or $1.06 per diluted share, compared to $56.9 million, or $1.04 per diluted share, for the nine months ended September 30, 2015.

Net income for the three and nine months ended... More