Armada Hoffler Properties (AHH) Tops Q2 FFO by 3c

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Go back to Armada Hoffler Properties (AHH) Tops Q2 FFO by 3c

Armada Hoffler Properties Reports Second Quarter 2016 Results

August 2, 2016 6:00 AM EDT

Net Income of $0.06 Per Diluted Share

Normalized FFO of $0.26 Per Diluted Share

Company Raised 2016 Full-Year Normalized FFO Guidance

VIRGINIA BEACH, Va.--(BUSINESS WIRE)-- Armada Hoffler Properties, Inc. (NYSE: AHH) today announced its results for the quarter ended June 30, 2016.

Highlights include:

Net income of $3.1 million, or $0.06 per diluted share, for the quarter ended June 30, 2016 compared to net income of $10.3 million, or $0.25 per diluted share, for the quarter ended June 30, 2015. Excluding gains from real estate dispositions, net income for both periods was... More