Insight Report 2 minutes PremiumGGP (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. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Target’s Gains, Consumer Activities and Mapping Amazon Shoppers: US Consumer Tracker 2023, Week 24Five Retail Opportunities Amid Economic UncertaintyFewer Consumers Report Inflation-Induced Shopping Changes: US Consumer Survey InsightsRetail 2024: Top 10 Trends in Retail Technology