Retail Properties of America (RPAI) Tops Q2 FFO by 1c

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Retail Properties of America, Inc. Reports Second Quarter And Year To Date Results

August 1, 2017 4:15 PM EDT

OAK BROOK, Ill., Aug. 1, 2017 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") today reported financial and operating results for the quarter and six months ended June 30, 2017.

FINANCIAL RESULTS For the quarter ended June 30, 2017, the Company reported:

Net income attributable to common shareholders of $112.4 million, or $0.48 per share, compared to $26.2 million, or $0.11 per share, for the same period in 2016; Funds from operations (FFO) attributable to common shareholders of $60.7 million, or $0.26 per share, compared to $73.9 million, or $0.31 per share, for the same period in... More