Retail Properties of America (RPAI) Tops Q1 EPS by 2c, Revenues Beat

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Go back to Retail Properties of America (RPAI) Tops Q1 EPS by 2c, Revenues Beat

Retail Properties of America, Inc. Reports First Quarter 2021 Results

May 4, 2021 4:15 PM EDT

OAK BROOK, Ill., May 4, 2021 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") today reported financial and operating results for the quarter ended March 31, 2021.

FINANCIAL RESULTSFor the quarter ended March 31, 2021, the Company reported:

Net income attributable to common shareholders of $4.7 million, or $0.02 per diluted share, compared to $22.4 million, or $0.10 per diluted share, for the same period in 2020; Funds from operations (FFO) attributable to common shareholders of $52.3 million, or $0.24 per diluted share, compared to $62.5 million, or $0.29 per diluted share, for the same period in... More