Retail Properties of America (RPAI) Reports In-Line Q4 EPS, Revenues Beat
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Retail Properties of America, Inc. Reports Fourth Quarter and Full Year 2020 Results
February 16, 2021 4:15 PM ESTOAK BROOK, Ill., Feb. 16, 2021 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (the "Company")Â today reported financial and operating results for the quarter and year ended December 31, 2020.
FINANCIAL RESULTSFor the quarter ended December 31, 2020, the Company reported:
Net income attributable to common shareholders of $1.8 million, or $0.01 per diluted share, compared to $16.2 million, or $0.08 per diluted share, for the same period in 2019; Funds from operations (FFO) attributable to common shareholders of $40.5 million, or $0.19 per diluted share, compared to $57.9 million, or $0.27 per diluted share, for the same period... More