Ramco-Gershenson (RPT) Reports Q4 FFO of $0.33

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Ramco-Gershenson Properties Trust Reports Financial and Operating Results for the Fourth Quarter and Year-End 2016 and Provides Guidance for 2017

February 21, 2017 4:15 PM EST

FARMINGTON HILLS, Mich., Feb. 21, 2017 (GLOBE NEWSWIRE) -- Ramco-Gershenson Properties Trust (NYSE: RPT) today announced its financial and operating results for the three and twelve months ended December 31, 2016.  The Company also provided guidance for 2017.

FOURTH QUARTER FINANCIAL AND OPERATING RESULTS:

Net income attributable to common shareholders of $0.07 per diluted share, compared to $0.16 per diluted share for the same period in 2015.Operating Funds from Operations (Operating FFO) of $0.33 per diluted share, compared to $0.34 per diluted share for the same period in 2015.Total consolidated... More