Retail Properties of America (RPAI) Tops Q1 EPS by 8c, Revenues Miss
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Retail Properties of America, Inc. Reports First Quarter 2020 Results
May 5, 2020 4:15 PM EDTOAK BROOK, Ill., May 5, 2020 /PRNewswire/ --Â Retail Properties of America, Inc. (NYSE: RPAI)Â (the "Company")Â today reported financial and operating results for the quarter ended March 31, 2020.
FINANCIAL RESULTSFor the quarter ended March 31, 2020, the Company reported:
Net income attributable to common shareholders of $22.4 million, or $0.10 per diluted share, compared to $23.2 million, or $0.11 per diluted share, for the same period in 2019; Funds from operations (FFO) attributable to common shareholders of $62.5 million, or $0.29 per diluted share, compared to $57.7 million, or $0.27 per diluted share, for the same... More