DDR Corp. (DDR) Tops Q3 FFO by 2c

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DDR Reports Third Quarter 2016 Operating Results

October 26, 2016 5:00 PM EDT

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

Financial Highlights

Third quarter net loss attributable to common shareholders was $66.0 million, or $0.18 per diluted share, compared to net income of $54.0 million, or $0.15 per diluted share, for the prior-year comparable period. Third quarter operating funds from operations attributable to common shareholders ("Operating FFO") increased $7.1 million, or 6.3%, to $120.6 million or $0.33 per diluted share, compared to $113.5 million, or... More