General Growth Properties (GGP) Reports In-Line Q2 FFO

Go back to General Growth Properties (GGP) Reports In-Line Q2 FFO

GGP Reports Second Quarter 2015 Results

August 3, 2015 4:01 PM EDT

CHICAGO--(BUSINESS WIRE)-- General Growth Properties, Inc. (the Company or GGP) (NYSE: GGP) today reported results for the three and six months ended June 30, 2015.

Financial Results

For the Three Months Ended June 30, 2015

Comparable net operating income (Same Store NOI) increased 3.6% to $543 million from $524 million in the prior year period.

Company earnings before interest, taxes, depreciation and amortization (Company EBITDA) increased 4.9% to $508 million from $485 million in the prior year period.

... More