Armada Hoffler Properties (AHH) Tops Q1 EPS by 3c; Maintains Outlook
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Armada Hoffler Properties Reports First Quarter 2017 Results
May 2, 2017 6:00 AM EDTNet Income of $0.16 Per Diluted Share
Normalized FFO of $0.26 Per Diluted Share
VIRGINIA BEACH, Va.--(BUSINESS WIRE)-- Armada Hoffler Properties, Inc. (NYSE: AHH) today announced its results for the quarter ended March 31, 2017 and provided an update on current events.
Highlights include:
Net income of $8.8 million, or $0.16 per diluted share, for the quarter ended March 31, 2017 compared to net income of $26.5 million, or $0.57 per diluted share, for the quarter ended March 31, 2016. Normalized Funds From Operations (FFO) of $14.6 million, or... More