Seritage Growth Properties Reports Fourth Quarter and Full Year 2018 Operating Results
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Seritage Growth Properties (SRG) Reports Q4 Loss of $1.57
February 28, 2019 4:50 PM ESTSeritage Growth Properties (NYSE: SRG) reported Q4 EPS of ($1.57), versus ($1.27) reported last year. Revenue for the quarter came in at $55.11 million, versus $53.68 million reported last year.
Net loss attributable to common shareholders of $56.0 million, or $1.57 per shareTotal Net Operating Income (Total NOI) of $34.1 millionFunds from Operations (FFO) of $7.0 million, or $0.13 per shareCompany FFO of ($4.4) million, or ($0.08) per shareWe are very pleased with our fourth quarter performance, which included... More

