Post Properties (PPS) Tops Q3 FFO by 1c; Lifts FY15 FFO Outlook

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Post Properties Announces Third Quarter 2015 Earnings

November 2, 2015 4:31 PM EST

Announces Development of Post River North in Denver, Colorado

Investor/Analyst Conference Call Scheduled for Tuesday, November 3 at 10:00 a.m. ET

ATLANTA--(BUSINESS WIRE)-- Post Properties, Inc. (NYSE: PPS) announced today net income available to common shareholders of $19.2 million, or $0.35 per diluted share, for the third quarter of 2015 compared to $132.8 million, or $2.44 per diluted share, for the third quarter of 2014.

Net income available to common shareholders for the nine months ended September 30, 2015, was $56.9 million, or $1.04 per diluted share, compared to $192.9 million, or $3.54 per diluted share, for the nine... More