Company Earnings Update 4 minutesRegister for Free AccessBrookfield Property Partners (NASDAQ: BPY) 1Q19 Results: Beats Consensus by a Penny, Completes Share and Unit Repurchases Coresight Research May 7, 2019 Executive Summary Brookfield reported 1Q19 FFO per unit of $0.38, up 25.0% year over year and beating the consensus estimate by a penny. Net income was $0.32 per unit, compared to $0.69 in the year-ago quarter. Core retail exited the quarter at a 95.3% occupancy rate, down 10 bps year over year. NOI-weighted sales per square foot were $765, up 4% year over year and up 3% sequentially. During the quarter, the company completed $490 million of gross asset dispositions, at prices 3.6% higher than their International Financial Reporting Standards (IFRS) value. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Analyst Corner: Has Temu Stalled US Dollar Stores’ Growth?—Assessing the Threat with Sujeet NaikUS Holiday Survey and Outlook 2023: E-Commerce To Drive GrowthHoliday 2024—Half of Holiday Shoppers Buy from Amazon: US Consumer Survey InsightsVIP Awards 2023: Retail’s Core Is Human and Rooted in Partnership
