Riocan REIT Q2 FFO $0.28 Down From $0.34 YoY, Sales $219.854M Down From $261.272M YoY
Riocan REIT (OTC:RIOCF) reported quarterly earnings of $0.28 per share. This is a 17.65 percent decrease over earnings of $0.34 per share from the same period last year. The company reported $219.854 million in sales
Riocan, a company that owns shopping centers, made less money this quarter than last year—both in profits per share and total sales dropped about 18 percent. When a company's earnings fall like this, it's worth watching to see if they can turn things around or if more trouble might be coming.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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