Taubman Centers (TCO) Tops Q3 EPS by 66c

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Taubman Centers, Inc. Issues Third Quarter Results

October 29, 2019 4:15 PM EDT

Net Income and Earnings Per Diluted Common Share (EPS) Higher Due to Sale of Interest in Starfield Hanam Pro Rata Total Portfolio NOI, Excluding Lease Cancellation Income, Up 0.7 Percent for the Quarter and 3.6 Percent Year-to-Date Average Rent Per Square Foot Up 2.3 Percent Trailing 12-Month Tenant Sales Per Square Foot $868, Up 12 Percent Sales Per Square Foot Up 11.2 Percent, 13th Consecutive Quarter of Growth

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- Taubman Centers, Inc. (NYSE: TCO) today reported financial results for the third quarter of... More