Kite Realty Group Trust (KRG) Tops Q2 FFO by 1c
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Kite Realty Group Trust Reports Second Quarter Results
July 28, 2016 4:17 PM EDTINDIANAPOLIS--(BUSINESS WIRE)-- Kite Realty Group Trust (NYSE: KRG) (the Company) announced operating results for the second quarter ended June 30, 2016. The attached financial statements, exhibits and reconciliations of non-GAAP measures provide the details of these results.
Second Quarter Highlights
Net loss attributable to common shareholders was $1.9 million, or $0.02 per diluted common share, including $2.8 million ($0.03 per diluted common share) of transaction costs. Funds From Operations (FFO), as adjusted, increased 6% compared to the same period in the prior year and was $0.52 per diluted common share,... More