Simon Property Group (SPG) Tops Q3 FFO by 2c; Raises Outlook
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Simon Property Group Reports Third Quarter 2016 Results And Raises Full Year 2016 Guidance
October 26, 2016 8:00 AM EDTINDIANAPOLIS, Oct. 26, 2016 /PRNewswire/ --Â Simon, a global leader in retail real estate, today reported results for the quarter ended September 30, 2016.
Results for the Quarter
Net income attributable to common stockholders was $504.7 million, or $1.61 per diluted share, as compared to $420.0 million, or $1.36 per diluted share, in the prior year period. Funds from Operations ("FFO") was $976.0 million, or $2.70 per diluted share, as compared to $918.7 million, or $2.54 per diluted share, in the prior year period, an increase of 6.3%.Results for the... More
