WP Glimcher (WPG) Reports In-Line Q1 EPS; Raises Outlook

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Washington Prime Group Reports First Quarter 2017 Results

April 26, 2017 4:15 PM EDT

Company increases full year 2017 guidance

COLUMBUS, Ohio--(BUSINESS WIRE)-- Washington Prime Group Inc. (NYSE: WPG) today reported results for the first quarter ended March 31, 2017 that reflect continued progress on the execution of the Companys financial, operating and strategic objectives.

Lou Conforti, CEO and Director stated: We increased guidance for fiscal 2017 net income and FFO to the midpoint of $1.17 per diluted share and $1.67 per diluted share, respectively. We are addressing the volatile retail environment with hard work and common sense. This includes replacing the static... More