Armada Hoffler Properties (AHH) Tops Q3 FFO by 2c; Boosts FY16 FFO Outlook
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Armada Hoffler Properties Reports Third Quarter 2016 Results
November 1, 2016 6:00 AM EDTNet Income of $0.15 Per Diluted Share
Normalized FFO of $0.26 Per Diluted Share
Company Raised 2016 Full-Year Normalized FFO Guidance
VIRGINIA BEACH, Va.--(BUSINESS WIRE)-- Armada Hoffler Properties, Inc. (NYSE: AHH) today announced its results for the quarter ended September 30, 2016 and provided an update on current events.
Highlights include:
Net income of $7.9 million, or $0.15 per diluted share, for the quarter ended September 30, 2016 compared to net income of $4.3 million, or $0.10 per diluted share, for the quarter ended September 30, 2015.... More