Post Properties (PPS) Tops Q2 FFO by 3c

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Post Properties Announces Second Quarter 2016 Earnings

August 1, 2016 4:15 PM EDT

Investor/Analyst Conference Call Scheduled for Tuesday, August 2nd at 10:00 a.m. ET

ATLANTA--(BUSINESS WIRE)-- Post Properties, Inc. (NYSE: PPS) announced today net income available to common shareholders of $21.1 million, or $0.39 per diluted share, for the second quarter of 2016, compared to $18.7 million, or $0.34 per diluted share, for the second quarter of 2015.

Net income available to common shareholders for the six months ended June 30, 2016, was $40.3 million, or $0.75 per diluted share, compared to $37.7 million, or $0.69 per diluted share, for the six months ended June 30, 2015. Net income for... More