Ramco-Gershenson (RPT) Tops Q4 EPS by 79c, Revenues Beat

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RPT Realty Reports Fourth Quarter and Full Year 2019 Results

February 19, 2020 4:15 PM EST

Net income attributable to common shareholders for the fourth quarter 2019 of $71.1 million, or $0.83 per diluted share, compared to a net loss of $(5.8) million, or $(0.07) per diluted share for the same period in 2018.  Net income available to common shareholders for the full year 2019 of $84.8 million, or $1.04 per diluted share, compared to $10.9 million, or $0.13 per diluted share for the full year 2018.Closed on the formation of a new joint venture with an affiliate of GIC Private Limited (GIC).Closed on the wholly-owned acquisition of Lakehills Plaza in Austin, TX for $33.9 million.Same... More