Ramco-Gershenson (RPT) Reports Q3 EPS of $0.33

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Ramco-Gershenson Properties Trust Reports Financial and Operating Results for the Third Quarter 2017

October 31, 2017 4:15 PM EDT

FARMINGTON HILLS, Mich., Oct. 31, 2017 (GLOBE NEWSWIRE) -- Ramco-Gershenson Properties Trust (NYSE: RPT) today announced its financial and operating results for the three and nine months ended September 30, 2017.

THIRD QUARTER FINANCIAL AND OPERATING RESULTS:

Net income available to common shareholders of $0.33 per diluted share, compared to $0.15 per diluted share for the same period in 2016, reflecting higher gains on real estate sales during the third quarter of 2017.Operating Funds from Operations (Operating FFO) of $0.34 per diluted share, compared to $0.34 per diluted share for the same period... More