Retail Properties of America (RPAI) Tops Q3 EPS by 1c, Revenues Beat; Offers FY18 EPS Guidance Above Consensus

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Go back to Retail Properties of America (RPAI) Tops Q3 EPS by 1c, Revenues Beat; Offers FY18 EPS Guidance Above Consensus

Retail Properties of America, Inc. Reports Third Quarter And Year To Date Results

October 30, 2018 4:15 PM EDT

OAK BROOK, Ill., Oct. 30, 2018 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") today reported financial and operating results for the quarter and nine months ended September 30, 2018.

FINANCIAL RESULTSFor the quarter ended September 30, 2018, the Company reported:

Net income attributable to common shareholders of $12.8 million, or $0.06 per diluted share, compared to $33.5 million, or $0.15 per diluted share, for the same period in 2017; Funds from operations (FFO) attributable to common shareholders of $54.3 million, or $0.25 per diluted share, compared to $57.1 million, or $0.25 per diluted share,... More