Insight ReportTaubman (TCO) 2Q16 Results: Strong Quarter; Company Fine-Tunes 2016 Outlook Coresight Research July 28, 2016 Executive Summary Taubman Centers’ net income and FFO were both up in 2Q16, reaching $158.9 million and $1.04, respectively. Revenues increased by 20.4% from the year-ago quarter. Comparable center net operating income was up 6.2% in the quarter. Average rent per square foot also increased, by 5.4%. The company revised its FY16 outlook after incurring an unanticipated, two-cent legal charge, which affected FFO. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Financial Sentiment Recovers; Tariff Pessimism Improves; Inflationary Trade-Down Persists: US Consumer Survey InsightsFive Ways AI Is Being Used in Grocery and Mass Retailing—and What’s NextRetail 2025: 10 Trends in Retail TechnologyChina Singles’ Day 2025 Insights: Participation Rises but Spending Becomes More Selective Amid Tariffs, Value-Seeking and Platform Shifts
