RPT Realty (RPT) Tops Q1 EPS by 26c

Go back to RPT Realty (RPT) Tops Q1 EPS by 26c

RPT Realty Reports First Quarter 2021 Results; Raises Full Year 2021 Outlook

May 5, 2021 4:15 PM EDT

Net income (loss) attributable to common shareholders for the first quarter 2021 of $15.2 million, or $0.19 per diluted share, compared to $(1.3) million, or $(0.02) per diluted share for the same period in 2020. Closed on the formation of a new core net lease retail real estate platform ("RGMZ") with sovereign wealth fund GIC Private Limited ("GIC"), Zimmer Partners ("Zimmer") and Monarch Alternative Capital LP ("Monarch").Under contract on a grocery-anchored center in the Boston MSA that is expected to be allocated between the Company's... More