Retail Opportunity Investments (ROIC) Tops Q1 EPS by 5c, Revenues Beat; Offers FY19 EPS Guidance
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Retail Opportunity Investments Corp. Reports 2019 First Quarter Results
April 24, 2019 4:15 PM EDTSAN DIEGO, April 24, 2019 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ: ROIC) announced today financial and operating results for the three months ended March 31, 2019.
HIGHLIGHTS
$13.3 million of net income attributable to common stockholders ($0.12 per diluted share)$36.7 million of Funds From Operations (FFO)(1) ($0.29 per diluted share)97.8% portfolio lease rate at March 31, 2019 (19th consecutive quarter at or above 97%)30.7% increase in same-space comparative cash rents on new leases (12.4% on renewals)2.9% increase... More