DDR Corp. (DDR) Tops Q2 EPS by 2c

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DDR Reports Second Quarter 2016 Operating Results

July 26, 2016 5:00 PM EDT

BEACHWOOD, Ohio, July 26, 2016 /PRNewswire/ -- DDR Corp. (NYSE: DDR) today announced operating results for the second quarter ended June 30, 2016. 

(Logo: http://photos.prnewswire.com/prnh/20131217/DDRLOGO )

Financial Highlights

Second quarter net income attributable to common shareholders was $35.5 million, or $0.10 per diluted share, compared to net income of $13.0 million, or $0.03 per diluted share, for the prior-year comparable period. Second quarter operating funds from operations attributable to common shareholders ("Operating FFO") increased $11.0 million to... More