Taubman Centers (TCO) Tops Q2 EPS by 1c; Revises Outlook

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Taubman Centers, Inc. Issues Second Quarter Results

July 27, 2017 4:15 PM EDT

Net Income and Earnings Per Common Share Lower Due to a Substantial Lump Sum Termination Payment Received in the Second Quarter Last Year Comparable Center Net Operating Income (NOI), Including Lease Cancellation Income, Up 6.5 Percent; Up 2.8 Percent Excluding Lease Cancellation Income Adjusted Funds from Operations Per Share Up 16.5 Percent Fourth Consecutive Quarter of Positive Sales Growth 2017 Guidance Revised

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- Taubman Centers, Inc. (NYSE: TCO) today reported financial results for the second quarter of 2017.

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