Armada Hoffler Properties (AHH) Tops Q2 FFO by 3c
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Armada Hoffler Properties Reports Second Quarter 2016 Results
August 2, 2016 6:00 AM EDTNet 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