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BRIEF-Taubman Centers Reports Qtrly Loss Per Share $0.55

路透社 ·  Aug 11, 2020 05:09
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

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