$GGP (General Growth Properties, Inc)

$GGP {{ '2016-02-02T06:28:13+0000' | timeago}} • Announcement

Chicago-based REIT $GGP reported 4Q15 net income of $196.6MM or $0.20 per diluted share, down 33% versus $293.5MM or $0.40 per diluted share YoverY, hurt by lower revenue in Tenant Recoveries and Overage Rents segments. Total revenue fell 6.3% to $387.2MM versus $413.2MM.

$GGP {{ '2017-10-31T19:06:33+0000' | timeago}} • Infographic

$GGP GGP Inc. Earnings AlphaGraphic: Q3 2017 Highlights

$GGP {{ '2017-10-31T14:17:34+0000' | timeago}} • Announcement

$GGP declared a common stock dividend of $0.22 per share for 4Q17, payable on January 5, 2018, to stockholders of record on December 15, 2017. The BoD also declared a quarterly dividend on the 6.375% Series A Cumulative Redeemable Preferred Stock of $0.3984 per share payable on January 2, 2018, to stockholders of record on December 15, 2017.

$GGP {{ '2017-10-31T14:17:19+0000' | timeago}} • Announcement

For 4Q17, $GGP expects net income attributable to common stockholders to be $0.20-0.22 per share. Net income attributable to $GGP is expected to be $0.21-0.23 per share. Company FFO per diluted share is expected to be $0.46-0.48.

$GGP {{ '2017-10-31T14:09:58+0000' | timeago}} • Announcement

$GGP reported net income attributable to common stockholders of $218MM or $0.23 per share in 3Q17 compared to $670MM or $0.70 per share in 3Q16. Total revenues increased to $578MM from $554MM in the prior-year period.

$GGP {{ '2017-09-22T11:40:45+0000' | timeago}} • Announcement

$GGP said that Michael Berman is retiring from the company as EVP and CFO, effective on March 1, 2018. Additionally, $GGP announced the appointment of Heath Fear as its EVP, Finance, effective Nov. 6, 2017. Upon Berman's retirement, Heath Fear will assume the role of EVP and CFO.

$GGP {{ '2017-05-22T13:46:05+0000' | timeago}} • Announcement

Retail real estate company $GGP announced its partnership with specialty retailer of sweets, Lolli & Pops, Inc., to open 30 new locations.

$GGP {{ '2017-05-01T14:14:38+0000' | timeago}} • Webcast

$GGP's traffic is steadily building through the year with store traffic being up in the shopping centers during 1Q17. The company said that January had 30% of traffic, Feb. had 30% and March had 40%. April is building ahead of March and centers are performing well, added the company.

$SRG {{ '2017-05-01T14:00:45+0000' | timeago}} • Webcast

In terms of $SRG joint venture, $GGP said it has 12 properties under the Seritage JVs, of which four are under constructions. The company said that nine out of the 12 properties are pre-leased, and expects construction at another five properties in the next 12 months.

$GGP {{ '2017-05-01T11:42:45+0000' | timeago}} • Announcement

$GGP expects 2Q17 EPS of $0.09-0.11 and FFO per share of $0.34-0.36. For 2017, $GGP sees EPS of $0.57-0.61 and FFO per share of $1.56-1.60. In addition, $GGP's BoD declared 2Q17 dividend of $0.22 per share, payable on July 28, 2017 to stockholders of record on July 13, 2017. This represents 16% growth over 2Q16.

$GGP {{ '2017-05-01T11:38:12+0000' | timeago}} • Announcement

$GGP reported a drop in 1Q17 earnings due to last year's gain related to the sale of interests in four properties. Net income fell to $110.37MM or $0.11 per share from $195.34MM or $0.20 per share last year. Revenue dropped to $566.33MM from $607.03MM. Funds from operations per share declined to $0.36 from $0.40.

$GGP {{ '2017-01-31T21:20:07+0000' | timeago}} • Webcast

In 2016, $GGP opened approx. 700 new store fronts comprising nearly 3MM square feet. So far in 2017, the company has nearly 400 new store fronts comprising nearly 2MM square feet set to open. Same store net operating income growth for 2017 is expected to be 4-4.5%.

$GGP {{ '2017-01-30T21:40:56+0000' | timeago}} • Announcement

$GGP BoD declared 1Q17 common stock dividend of $0.22 per share payable on April 28, 2017, to stockholders of record on April 13, 2017. This represents an increase of 16% growth over the dividend declared during 1Q16. On January 27, 2017, $GGP paid a special common stock dividend of $0.26 per share to stockholders of record on December 27, 2016.

$GGP {{ '2017-01-30T21:39:14+0000' | timeago}} • Announcement

$GGP's 4Q16 funds from operations (FFO) rose 0.8% YoverY to $412MM, or $0.43 per share compared to $408MM, or $0.43 per share during 4Q15. Same store net operating income during the quarter increased 5.1% YoverY.

$GGP {{ '2017-01-30T21:38:19+0000' | timeago}} • Announcement

Real estate investment trust $GGP reported 22.3% rise in its 4Q16 earnings. The company's net income was $236MM, or $0.24 per share compared to $194MM, or $0.20 per share during 4Q15. Revenue during the quarter fell 5% YoverY to $610MM from $644.6MM during 4Q15.

$GGP {{ '2017-01-18T11:13:25+0000' | timeago}} • Announcement

$GGP said it will officially change its name to GGP Inc. Founded in 1954, the company was a real estate developer of grocery anchor strip centers. Acquiring its first shopping center two years later, $GGP would evolve into one of the preeminent developers of regional shopping centers that would define the retail landscape in the United States.

$GGP {{ '2016-12-16T00:30:58+0000' | timeago}} • Announcement

$GGP said it promoted Shobi Khan as President and COO, effective immediately, who will report directly to CEO Sandeep Mathrani.

$GGP {{ '2016-12-13T23:21:43+0000' | timeago}} • Announcement

$GGP said its BoD declared a special cash dividend of $0.26 per common share, payable on Jan. 27, 2017, to each holder of record at the close of business on Dec. 27, 2016.

$GGP {{ '2016-11-01T17:54:31+0000' | timeago}} • Webcast

$GGP said that on Riverchase and Harborplace assets, the company has the option to purchase Riverchase from its partners. The company expects to take a decision on it shortly. On Harborplace, $GGP is working through some conditions with Citi and once those conditions are resolved the company would continue with the marketing process.

$GGP {{ '2016-11-01T17:37:12+0000' | timeago}} • Webcast

$GGP commented that it expects to start construction on the Tysons Galleria redevelopment work sometime in late 2018 or early 2019 time frame. The property is expected to open in the year 2020 or 2021. The company added that its initial plan is to have more specialty shop space in the property.

$GGP {{ '2016-10-31T20:25:17+0000' | timeago}} • Announcement

$GGP expects 4Q16 EPS of $0.21-0.23 and funds from operations per share of $0.42-0.44. For FY16, the company increased its EPS guidance to $1.29-1.31 from prior estimate of $0.68-0.72, while narrowing its FFO per share outlook to $1.52-1.54 from prior range of $1.51-1.55.

Recent Transcripts

PSMT (PriceSmart Inc.)
Friday, January 5 2018 - 5:00pm
PAYX (Paychex, Inc.)
Thursday, December 21 2017 - 2:30pm
ORM (Owens Realty Mortgage, Inc.)
Thursday, November 9 2017 - 6:00pm
RDIB (Reading International, Inc.)
Thursday, November 9 2017 - 12:00am
FRSH (Papa Murphy's Holdings, Inc.)
Wednesday, November 8 2017 - 10:00pm
PFMT (Performant Financial Corporation)
Tuesday, November 7 2017 - 10:00pm
BRG (Bluerock Residential Growth REIT, Inc.)
Tuesday, November 7 2017 - 4:00pm
PINC (Premier, Inc.)
Monday, November 6 2017 - 10:00pm
PBPB (Potbelly Corporation)
Friday, November 3 2017 - 12:00pm
FSP (Franklin Street Properties Corp.)
Wednesday, November 1 2017 - 2:00pm
IRT (Independence Realty Trust, Inc.)
Tuesday, October 31 2017 - 1:30pm
GGP (General Growth Properties, Inc)
Tuesday, October 31 2017 - 1:00pm
PSMT (PriceSmart Inc.)
Friday, October 27 2017 - 4:00pm
WY (Weyerhaeuser Co.)
Friday, October 27 2017 - 2:00pm
PENN (Penn National Gaming Inc.)
Thursday, October 26 2017 - 1:00pm
PCH (Potlatch Corporation)
Monday, October 23 2017 - 12:30pm
PAYX (Paychex, Inc.)
Tuesday, October 3 2017 - 1:30pm
PINC (Premier, Inc.)
Monday, August 21 2017 - 9:00pm
RDIB (Reading International, Inc.)
Thursday, August 10 2017 - 12:00am
FRSH (Papa Murphy's Holdings, Inc.)
Wednesday, August 9 2017 - 9:00pm

AlphaGraphics you may like