RPT Realty Reports Fourth Quarter and Full Year 2020 Results; Provides 2021 Guidance; Reinstates Quarterly Common Dividend

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RPT Realty (RPT) Misses Q4 EPS by 4c

February 17, 2021 4:54 PM EST

RPT Realty (NYSE: RPT) reported Q4 EPS of ($0.09), $0.04 worse than the analyst estimate of ($0.05).

Net (loss) income attributable to common shareholders for the fourth quarter 2020 of $(7.4) million, or $(0.09) per diluted share, compared to $71.1 million, or $0.83 per diluted share for the same period in 2019. Net (loss) income available to common shareholders for the full year 2020 of $(16.9) million, or $(0.21) per diluted share, compared to $84.8 million, or $1.04 per diluted share for the full year 2019.The Company initiated 2021 operating funds from operations ("FFO") per share guidance.The Company's Board of Trustees declared a first... More