Cedar Realty Trust (CDR) Reports In-Line Q2 EPS

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Go back to Cedar Realty Trust (CDR) Reports In-Line Q2 EPS

Cedar Realty Trust Reports Second Quarter 2018 Results

August 2, 2018 4:06 PM EDT

PORT WASHINGTON, N.Y., Aug. 2, 2018 /PRNewswire/ -- Cedar Realty Trust, Inc. (NYSE:CDR the "Company") today reported results for the second quarter ended June 30, 2018. Net income attributable to common shareholders was $0.08 per diluted share compared with net loss ($0.10) per diluted share for the comparable 2017 period.  Other highlights include:

Highlights

NAREIT-defined funds from operations (FFO) and Operating funds from operations (Operating FFO) of $0.19 per diluted share (includes $5.2 million of lease termination related income) Same-property net operating income (NOI) increased 0.7% compared to the same period in 2017 Signed 35 new and renewal leases for... More