Retail Properties of America, Inc. Reports First Quarter 2020 Results
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Retail Properties of America (RPAI) Tops Q1 EPS by 8c, Revenues Miss
May 5, 2020 4:27 PM EDTRetail Properties of America (NYSE: RPAI) reported Q1 EPS of $0.10, $0.08 better than the analyst estimate of $0.02. Revenue for the quarter came in at $118.7 million versus the consensus estimate of $120.46 million.
OPERATING RESULTSFor the quarter ended March 31, 2020, the Company's portfolio results were as follows:
1.2% increase in same store net operating income (NOI) over the comparable period in 2019;Total same store portfolio percent leased, including leases signed but not commenced: 95.3% at... More