Retail Properties of America (RPAI) Tops Q3 FFO by 1c

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Go back to Retail Properties of America (RPAI) Tops Q3 FFO by 1c

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

October 31, 2017 4:15 PM EDT

OAK BROOK, Ill., Oct. 31, 2017 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") today reported financial and operating results for the quarter and nine months ended September 30, 2017.

FINANCIAL RESULTSFor the quarter ended September 30, 2017, the Company reported:

Net income attributable to common shareholders of $33.5 million, or $0.15 per share, compared to $70.1 million, or $0.30 per share, for the same period in 2016; Funds from operations (FFO) attributable to common shareholders of $57.1 million, or $0.25 per share, compared to $64.9 million, or $0.27 per share, for the same period in 2016;... More