Taubman Centers (TCO) Tops Q3 EPS by 13c; Boosts FY18 EPS Guidance Above Consensus

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Taubman Centers, Inc. Issues Strong Third Quarter Results

October 29, 2018 4:15 PM EDT

Net Income and Earnings Per Diluted Common Share (EPS) Up Funds from Operations (FFO) and Adjusted FFO Up 36.4 Percent and 21.7 Percent, respectively Comparable Center Net Operating Income (NOI), Excluding Lease Cancellation Income, Up 9.2 Percent for the Quarter, Up 5.8 percent Year-to-Date Mall Tenant Sales Per Square Foot Up 5.8 Percent for the Quarter; Ninth Consecutive Quarter of Positive Sales Growth 2018 Earnings Guidance Increased

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

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