Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  GGP Inc    GGP

GGP INC (GGP)
Mes dernières consult.
Most popular
Delayed Quote. Delayed  - 10/17 10:03:41 pm
21.57 USD   +0.56%
10/12 GGP INC : ex-dividend day
09/21DJGGP : Names New Finance Chief
09/19 CHEESECAKE FACT : New restaurant on east side of Oakbrook Center may..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

GGP : reports 2Q results

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/02/2017 | 01:06pm CEST

CHICAGO (AP) _ GGP Inc. (GGP) on Wednesday reported a key measure of profitability in its second quarter. The results topped Wall Street expectations.

The real estate investment trust, based in Chicago, said it had funds from operations of $381.2 million, or 40 cents per share, in the period.

The average estimate of seven analysts surveyed by Zacks Investment Research was for funds from operations of 35 cents per share.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had net income of $121.9 million, or 14 cents per share.

The shopping mall real estate investment trust posted revenue of $555.8 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $576.7 million.

GGP expects full-year funds from operations to be $1.59 to $1.63 per share.

The company's shares have fallen nearly 8 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 11 percent. The stock has declined 28 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GGP at https://www.zacks.com/ap/GGP

Keywords: GGP, Earnings Report

Automated Insights, source Associated Press News

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GGP INC
10/16 GGP INC. : Unregistered Sale of Equity Securities (form 8-K)
10/12 GGP INC : ex-dividend day
09/21DJGGP : Names New Finance Chief
09/21 GGP INC. : Change in Directors or Principal Officers, Financial Statements and E..
09/19 CHEESECAKE FACTORY : New restaurant on east side of Oakbrook Center may create p..
09/06 GGP : to Participate in Panel Discussion at Evercore ISI 2017 Real Estate Confer..
08/23 EARNINGS REVIEW AND FREE RESEARCH RE : EPR Properties’ Revenue Soared 25.3..
08/03 GGP : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF..
08/02 GGP : U.S. retail REITs cannot find upside despite strong numbers
08/02 Apple, Illumina rise; AMC Entertainment, GGP fall
More news
News from SeekingAlpha
10/13 Real Estate Rallies, Led By Surging Retail REITs
10/09 BROOKFIELD PROPERTY PARTNERS : World-Class Real Estate At Fire-Sale Prices
10/07 MORTGAGE REITS : So That's How They Hedge Interest Rate Risk
10/07 REAL ESTATE WEEKLY : REITs And Homebuilders Climb Despite Hurricane Blip
10/05 Dividend Growth Stocks Going Ex-Div October 9th-13th
Financials ($)
Sales 2017 2 250 M
EBIT 2017 1 133 M
Net income 2017 551 M
Debt 2017 15 226 M
Yield 2017 4,46%
P/E ratio 2017 37,96
P/E ratio 2018 36,98
EV / Sales 2017 15,2x
EV / Sales 2018 14,6x
Capitalization 18 919 M
Chart GGP INC
Duration : Period :
GGP Inc Technical Analysis Chart | GGP | US36174X1019 | 4-Traders
Technical analysis trends GGP INC
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 25,0 $
Spread / Average Target 17%
EPS Revisions
Managers
NameTitle
Sandeep Lakhmi Mathrani Chief Executive Officer & Director
Shobi Khan President & Chief Operating Officer
James Bruce Flatt Independent Chairman
Michael Bruce Berman Chief Financial Officer & Executive Vice President
John K. Haley Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
GGP INC-13.29%18 919
SIMON PROPERTY GROUP-6.39%51 393
SCENTRE GROUP-15.09%16 591
WESTFIELD CORP LTD-17.91%12 653
REGENCY CENTERS CORP-6.21%10 926
KIMCO REALTY CORP-22.66%8 198