RPT Realty Reports Fourth Quarter and Full Year 2018 Results
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Ramco-Gershenson (RPT) Misses Q4 EPS by 14c, Slight Miss on Revenues
February 20, 2019 4:46 PM ESTRamco-Gershenson (NYSE: RPT) reported Q4 EPS of ($0.07), $0.14 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $63.72 million versus the consensus estimate of $63.8 million.
Fourth quarter net loss attributable to common shareholders of $(5.8) million or $(0.07) per diluted share.Fourth quarter NAREIT-defined Funds from Operations ("FFO") of $0.30 per diluted share and Operating Funds from Operations (Operating FFO) of $0.31 per diluted share.Same property NOI with redevelopment increased 4.3% in the fourth quarter and 2.9% for the full year as compared to the same periods in the prior year.As of... More