Retail Properties of America (RPAI) Tops Q1 EPS by 2c

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Retail Properties of America, Inc. Reports First Quarter 2017 Results

May 2, 2017 4:15 PM EDT

OAK BROOK, Ill., May 2, 2017 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") today reported financial and operating results for the quarter ended March 31, 2017.

FINANCIAL RESULTSFor the quarter ended March 31, 2017, the Company reported:

Net (loss) income attributable to common shareholders of $(11.5) million, or $(0.05) per share, compared to $45.1 million, or $0.19 per share, for the same period in 2016; Funds from operations (FFO) attributable to common shareholders of $0.5 million, or $0.00 per share, compared to $76.4 million, or $0.32 per share, for the same period in 2016; and... More