 |
| Dave Stockert |
ATLANTA, GA --(BUSINESS WIRE)-- Post Properties, Inc. (NYSE:
PPS) announced today net income available to common shareholders of $19.0
million, or $0.35 per diluted share, for the first quarter of 2015 compared to
$13.3 million, or $0.24 per diluted share, for the first quarter of 2014.
Net
income for the first quarter of 2015 included a gain on the sale of a retail
condominium of $1.8 million, or $0.03 per diluted share.
Said Dave Stockert,
Post’s CEO, “The Company continues to produce strong growth in profits and cash
flows through balanced contributions from our core portfolio, our development
business and our capital and balance sheet management.
"Conditions for the
overall housing and apartment markets remain favorable.”
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