Armada Hoffler Properties (AHH) Tops Q3 FFO by 2c; Boosts FY16 FFO Outlook

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Go back to Armada Hoffler Properties (AHH) Tops Q3 FFO by 2c; Boosts FY16 FFO Outlook

Armada Hoffler Properties Reports Third Quarter 2016 Results

November 1, 2016 6:00 AM EDT

Net Income of $0.15 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 September 30, 2016 and provided an update on current events.

Highlights include:

Net income of $7.9 million, or $0.15 per diluted share, for the quarter ended September 30, 2016 compared to net income of $4.3 million, or $0.10 per diluted share, for the quarter ended September 30, 2015.... More