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: Weekly US Store Openings and Closures Tracker 2025, Week 22: Store Closures Up by 57%World Retail Congress 2025 Insights: Consensus on Tariffs Floor, AI Risks in Adaptive Apparel, Smart Scaling in FocusUS Store Openings and Closures Midyear 2025 Review and Outlook: Where Does Retail Real Estate Stand in a Year of Disruption? InfographicShoptalk Spring 2025: Day Two—Next-Generation Search and the Leading Edge of Storytelling, from Influencers to Lived Values
