Ramco-Gershenson (RPT) Tops Q2 EPS by 1c
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Ramco-Gershenson Properties Trust Reports Financial and Operating Results for the Second Quarter 2016
August 2, 2016 4:45 PM EDTFARMINGTON HILLS, Mich., Aug. 02, 2016 (GLOBE NEWSWIRE) -- Ramco-Gershenson Properties Trust (NYSE: RPT) today announced its financial and operating results for the three and six months ended June 30, 2016.
SECOND QUARTER 2016 HIGHLIGHTS:
Net income attributable to common shareholders for the second quarter of $0.32 per diluted share, an increase of $0.26 over the prior year.Operating Funds from Operations (Operating FFO) of $0.35 per diluted share, an increase of 12.9% over the prior year.Sold interests in four shopping centers and two outparcels for $58.9 million.Signed 63 comparable leases... More