 |
| Dave Stockert |
ATLANTA, GA (BUSINESS
WIRE)-- Post Properties, Inc. (NYSE: PPS) announced net income available to
common shareholders of $132.8 million, or $2.44 per diluted share, for the
third quarter of 2014, compared to $18.1 million, or $0.33 per diluted share,
for the third quarter of 2013.
Net income available to
common shareholders for the nine months ended September 30, 2014, was $192.9
million, or $3.54 per diluted share, compared to $64.0 million, or $1.17 per
diluted share, for the nine months ended September 30, 2013.
“The third quarter was a
productive and successful one,” said Dave Stockert, the Company’s CEO and
President.
“Highlights included another
double-digit increase in per share adjusted core funds from operations and a
highly profitable sale of assets, providing the Company with substantial
low-cost capital to fund future investments.”
For a complete
copy of the company’s news release, please contact:
Post Properties, Inc.
Chris Papa, 404-846-5028
No comments:
Post a Comment