UPDATE: CBL & Assoc. Properties (CBL) reports Q1 FFO of $0.26, estimates collection rate for the month of May in the range of 25-30%

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CBL Properties Reports Results for First Quarter 2020 and Provides Further COVID-19 Update

May 26, 2020 4:15 PM EDT

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- CBL Properties (NYSE: CBL) announced results for the first quarter ended March 31, 2020, and provided a further update on the impact of the COVID-19 pandemic on its financial and operational performance. A description of each supplemental non-GAAP financial measure and the related reconciliation to the comparable GAAP financial measure is located at the end of this news release.

 

 

Three Months Ended

March... More