Wheeler REIT (WHLR) Tops Q4 AFFO by 1c
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Wheeler Real Estate Investment Trust, Inc. Announces 2017 Second Quarter Financial Results
August 8, 2017 4:25 PM EDTReconciliation of non-GAAP financial measures, including FFO, Adjusted FFO, Property NOI, EBITDA and Adjusted EBITDAÂ are included in the accompanying financial tables.
Second Quarter 2017 AFFO per share of $0.40 on an annualized basis, in line with management's guidance of $0.40- $0.42.GAAP and cash basis same-store NOI growth for the three months ended June 30, 2017 of (4.9)% and (5.4)%, respectively.Sale of Steak n' Shake outparcel at Rivergate and land parcel at Carolina Place resulting in a gain of $1.0 million.Ended June 30, 2017 with... More