Insight ReportGGP (GGP) 2Q16 Results: General Growth Properties Lowers FY16 Outlook on Higher Transactions Coresight Research August 2, 2016 Executive Summary For fiscal 2Q16, General Growth Properties reported diluted FFO of $0.35, up 6.1% year over year but slightly below the consensus estimate of $0.36. The company reported revenues of $574.6 million, down 0.9% year over year and below the $580.4 million consensus estimate. The company revised its FY16 outlook; it guided for an FFO increase of $0.01 related to operations and a $0.02 decrease from transactions. The company now expects FFO of $1.51–$1.55, down from $1.52–$1.56 previously and versus the consensus estimate of $1.55. 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: Shoptalk Fall 2025 Day One: Building Resilience Through Agility, AI and Authentic Connections to Thrive in Volatile TimesConsumer Sentiment Largely Holds Steady in December After November Highs: China Consumer Survey InsightsEarnings Insights 4Q25, Week 6: Adidas and Costco Lead Growth; Bath & Body Works, Best Buy and Target See Sales DeclinesJune 2025 US Retail Sales Outlook: Projecting Solid Growth as Consumer Sentiment Continues to Recover
