Retail Opportunity Investments (ROIC) Misses Q2 EPS by 1c, Revenues Miss

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Retail Opportunity Investments Corp. Reports 2018 Second Quarter Results

July 25, 2018 4:15 PM EDT

SAN DIEGO, July 25, 2018 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) announced today financial and operating results for the three and six months ended June 30, 2018.

HIGHLIGHTS

$7.3 million of net income attributable to common stockholders ($0.06 per diluted share)$33.4 million of Funds From Operations(1) ($0.27 per diluted share)97.5% portfolio lease rate at June 30, 201820.4% increase in same-space comparative cash rents on new leases (7.6% on renewals)2.8% increase in same-center cash net... More