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: Downward Trend in Economic Expectations Ends: Weekly US Consumer Sentiment, Week 17, 2025—InfographicRetail 2025: China Retail Predictions3Q24 US Retail Inventory Insights: Apparel, Off-Price and Warehouse Club Retailers Expand Inventories for the HolidaysUS Store Tracker Extra, September 2025: Ollie’s Bargain Outlet and Alimentation Couche-Tard Add 3+ Million Square Feet to Total Opened Retail Space
