RPT Realty (RPT) Reports In-Line Q3 EPS, Revenues Beat

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RPT Realty Reports Third Quarter 2020 Results; Provides COVID-19 Update

November 4, 2020 4:15 PM EST

Net (loss) income attributable to common shareholders for the third quarter 2020 of $(3.6) million, or $(0.05) per diluted share, compared to $3.8 million, or $0.05 per diluted share for the same period in 2019.94% of total tenants were open and operating, as of October 30, 2020, based on annualized base rent ("ABR"). 90% of October and 87% of third quarter 2020 rent and recovery income have been paid as of October 30, 2020. Generated a 42.9% comparable new re-leasing spread in the third quarter 2020, the highest quarterly level since the second quarter 2018. Ended the third quarter 2020... More