Taubman Centers (TCO) Tops Q2 EPS by 3c; AFFO $0.87

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Go back to Taubman Centers (TCO) Tops Q2 EPS by 3c; AFFO $0.87

Taubman Centers, Inc. Issues Solid Second Quarter Results

July 30, 2018 4:15 PM EDT

Net Income and Earnings Per Diluted Common Share (EPS) Up Comparable Center Net Operating Income (NOI), Excluding Lease Cancellation Income, Up 3.5 Percent for the Quarter, Up 4.1 percent Year-to-Date Mall Tenant Sales Per Square Foot Up 6 Percent for the Quarter, Eighth Consecutive Quarter of Positive Sales Growth Year-to-date Mall Tenant Sales Per Square Foot Up 9.1 Percent Next Taubman Asia Development in South Korea Announced 2018 NOI Guidance Increased 2018 EPS, Funds from Operations (FFO) and Adjusted FFO Guidance Revised

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- Taubman Centers, Inc. (NYSE: TCO) today reported financial results for the second quarter of 2018.

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