Retail Opportunity Investments (ROIC) Tops Q3 EPS by 5c

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Go back to Retail Opportunity Investments (ROIC) Tops Q3 EPS by 5c

Retail Opportunity Investments Corp. Reports 2018 Third Quarter Results

October 23, 2018 4:15 PM EDT

SAN DIEGO, Oct. 23, 2018 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) announced today financial and operating results for the three and nine months ended September 30, 2018.

HIGHLIGHTS

$14.2 million of net income attributable to common stockholders ($0.12 per diluted share)$35.1 million of Funds From Operations(1) ($0.28 per diluted share)97.8% portfolio lease rate at September 30, 201817.1% increase in same-space comparative cash rents on new leases (8.6% on renewals)2.5% increase in same-center cash net operating income (3Q18 vs.... More