ATLANTA, GA--(BUSINESS WIRE)-- Post Properties, Inc. (NYSE:
PPS) announced net income available to
common shareholders of $46.8 million, or $0.86 per diluted share, for the
second quarter of 2014, compared to $26.6 million, or $0.48 per diluted share,
for the second quarter of 2013.
Net income available to common shareholders for the six
months ended June 30, 2014, was $60.1 million, or $1.10 per diluted share,
compared to $46.0 million, or $0.84 per diluted share, for the six months ended
June 30, 2013.
Net income for the three and six months ended June 30, 2014,
included a gain of $36.1 million on the sale of one apartment community, offset
by a loss of $4.3 million on the extinguishment of indebtedness.
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