CBL & Associates Properties Reports Outstanding Second Quarter 2016 Results and Increases Full-Year Guidance

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CBL & Assoc. Properties (CBL) Tops Q2 FFO by 3c/Share; Guides FY16 FFO to Strong Side

July 28, 2016 5:11 PM EDT

CBL & Assoc. Properties (NYSE: CBL) reported Q2 FFO of $0.59, $0.03 better than the analyst estimate of $0.56. Revenue for the quarter came in at $254.97 million versus the consensus estimate of $246.78 million.

GUIDANCE:

CBL & Assoc. Properties sees FY2016 FFO of $2.36 - $2.40, versus the... More