Taubman Centers (TCO) Tops Q2 FFO by 6c

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Taubman Centers, Inc. Issues Second Quarter Results

July 28, 2016 4:15 PM EDT

- Net Income and Earnings Per Share Up

- Comparable Center Net Operating Income (NOI) Up 6.2 Percent

- Funds from Operations and Adjusted Funds from Operations Per Share Up

- Average Rent Per Square Foot Up 5.4 Percent

- Trailing 12-Month Releasing Spreads 24.2 Percent

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- Taubman Centers, Inc. (NYSE: TCO) today reported financial results for the second quarter of 2016.

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