Retail Properties of America (RPAI) Tops Q4 EPS by 5c

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Retail Properties of America, Inc. Reports Fourth Quarter And Full Year 2019 Results

February 18, 2020 4:15 PM EST

OAK BROOK, Ill., Feb. 18, 2020 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") today reported financial and operating results for the quarter and year ended December 31, 2019.

FINANCIAL RESULTSFor the quarter ended December 31, 2019, the Company reported:

Net income attributable to common shareholders of $16.2 million, or $0.08 per diluted share, compared to $12.1 million, or $0.06 per diluted share, for the same period in 2018; Funds from operations (FFO) attributable to common shareholders of $57.9 million, or $0.27 per diluted share, compared to $56.4 million, or $0.26 per diluted share, for... More