Retail Properties of America (RPAI) Misses Q3 EPS by 19c, Revenues Beat

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Retail Properties Of America, Inc. Reports Third Quarter And Year To Date 2019 Results

October 29, 2019 4:17 PM EDT

Oak Brook, Ill., Oct. 29, 2019 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") today reported financial and operating results for the quarter and nine months ended September 30, 2019.

Financial ResultsFor the quarter ended September 30, 2019, the Company reported:

Net loss attributable to common shareholders of $(28.2) million, or $(0.13) per diluted share, compared to net income attributable to common shareholders of $12.8 million, or $0.06 per diluted share, for the same period in 2018; Funds from operations (FFO) attributable to common shareholders of $48.2 million, or $0.23 per diluted... More