Retail Properties of America (RPAI) Misses Q2 EPS by 5c, Revenues Beat

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Retail Properties Of America, Inc. Reports Second Quarter And Year To Date 2020 Results

August 4, 2020 4:15 PM EDT

OAK BROOK, Ill., Aug. 4, 2020 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") today reported financial and operating results for the quarter and six months ended June 30, 2020.

FINANCIAL RESULTSFor the quarter ended June 30, 2020, the Company reported:

Net loss attributable to common shareholders of $(7.3) million, or $(0.04) per diluted share, compared to net income attributable to common shareholders of $21.2 million, or $0.10 per diluted share, for the same period in 2019; Funds from operations (FFO) attributable to common shareholders of $36.1 million, or $0.17 per diluted share,... More