WP Glimcher (WPG) Tops Q2 EPS by 6c

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Go back to WP Glimcher (WPG) Tops Q2 EPS by 6c

Washington Prime Group Reports Second Quarter 2017 Results

July 26, 2017 4:11 PM EDT

COLUMBUS, Ohio--(BUSINESS WIRE)-- Washington Prime Group Inc. (NYSE: WPG) today reported results for the second quarter ended June 30, 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 reaffirmed guidance for adjusted FFO to the midpoint of $1.23 and $1.67 per diluted share, respectfully. The second quarter was best characterized by continued stability as it related to Tier 1 and Open Air assets, which collectively represent 80% of total portfolio NOI. In addition, our objectives of... More