Retail Properties of America (RPAI) Tops Q4 EPS by 1c; FY19 EPS Guidance Above Consensus

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Go back to Retail Properties of America (RPAI) Tops Q4 EPS by 1c; FY19 EPS Guidance Above Consensus

Retail Properties of America, Inc. Reports Fourth Quarter And Full Year 2018 Results

February 12, 2019 4:15 PM EST

OAK BROOK, Ill., Feb. 12, 2019 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") today reported financial and operating results for the quarter and year ended December 31, 2018.

FINANCIAL RESULTSFor the quarter ended December 31, 2018, the Company reported:

Net income attributable to common shareholders of $12.1 million, or $0.06 per diluted share, compared to $103.1 million, or $0.46 per diluted share, for the same period in 2017; Funds from operations (FFO) attributable to common shareholders of $56.4 million, or $0.26 per diluted share, compared to $50.4 million, or $0.23 per diluted... More