Aug 10 (Reuters) - Taubman Centers Inc :
* TAUBMAN CENTERS, INC. ISSUES SECOND QUARTER RESULTS
* QTRLY LOSS PER SHARE $0.55
* QTRLY FUNDS FROM OPERATIONS (FFO) PER DILUTED COMMON SHARE $0.29
* CO'S PLANNED CAPITAL EXPENDITURES FOR FY 2020 HAVE BEEN LOWERED BY $100 MILLION TO $110 MILLION
* QTRLY ADJUSTED FFO PER DILUTED COMMON SHARE $0.41
* TAUBMAN CENTERS - QTRLY COMPARABLE CENTER NOI (COMP CENTER NOI) AT CO'S BENEFICIAL INTEREST, EXCLUDING LEASE CANCELLATION INCOME, WAS DOWN 25.3%
* CO'S OPERATING EXPENSES FOR FY 2020 ARE EXPECTED TO BE REDUCED BY ABOUT $10 MILLION
* COMPANY DID NOT DECLARE Q2 DIVIDEND ON ITS COMMON STOCK
Source text for Eikon: Further company coverage:
((Reuters.Briefs@thomsonreuters.com;)
* TAUBMAN CENTERS, INC. ISSUES SECOND QUARTER RESULTS
* QTRLY LOSS PER SHARE $0.55
* QTRLY FUNDS FROM OPERATIONS (FFO) PER DILUTED COMMON SHARE $0.29
* CO'S PLANNED CAPITAL EXPENDITURES FOR FY 2020 HAVE BEEN LOWERED BY $100 MILLION TO $110 MILLION
* QTRLY ADJUSTED FFO PER DILUTED COMMON SHARE $0.41
* TAUBMAN CENTERS - QTRLY COMPARABLE CENTER NOI (COMP CENTER NOI) AT CO'S BENEFICIAL INTEREST, EXCLUDING LEASE CANCELLATION INCOME, WAS DOWN 25.3%
* CO'S OPERATING EXPENSES FOR FY 2020 ARE EXPECTED TO BE REDUCED BY ABOUT $10 MILLION
* COMPANY DID NOT DECLARE Q2 DIVIDEND ON ITS COMMON STOCK
Source text for Eikon: Further company coverage:
((Reuters.Briefs@thomsonreuters.com;)