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-0.000719942404607616 -0.00287976961843046 -0.0079193664506839 -0.0111591072714182 -0.0109791216702664 -0.0111591072714182 -0.0107991360691145 -0.0158387329013679
Stock impact report

Modest bounce for Ramco-Gershenson after earnings beat [Seeking Alpha]

RPT Realty (RPT) 
Last rpt realty earnings: 2/19 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.rgpt.com
Company Research Source: Seeking Alpha
The roughed-up shopping center operator reported an increase in operating FFO per share (to $0.35 from $0.34 a year ago), topping expectations for a flat read. Same-property NOI growth was 4.1%, and 70 comp leases were inked in Q1 at a positive leasing spread of 7.7%. CEO Dennis Gershenson: "Projected same-property NOI growth, leasing velocity and completion of in-process redevelopments position us to absorb the effects of tenant failures and the dilution from non-core asset sales this year.” Full-year operating FFO per share guidance of $1.34-$1.38 is affirmed. RPT jumped sharply higher at the open, but is currently   on the session. The stock's   YTD and   Y/Y. Previously: Ramco Gershenson Properties beats by $0.01, beats on revenue (May 2) Now read: What A 'HUGE' Bargain At Tanger » Show less Read more
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