Insight Report 3 minutes PremiumTaubman (TCO) 4Q15 Results: Very Complicated Quarter, but Solid Outlook Coresight Research February 10, 2016 Executive Summary Real estate investment trust Taubman Centers reported 4Q15 funds from operations (FFO) of $156.2 million, beating the consensus estimate of $151.3 million. FFO per diluted share was $0.85, up 57.4% year over year, but below the consensus estimate of $0.93. Adjusting for the charges related to the October 2014 sale of seven centers to Starwood Capital, FFO per diluted share was $0.98, down 2.0% and in line with the consensus estimate. The company expects FY16 FFO per diluted share to be $3.45–$3.65, slightly below the consensus estimate of $3.67, and it expects net income per share to be $1.55–$1.80. 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: Navigating Digital Transformation in Retail: Infographic—Australia and New Zealand in FocusAnalyst Corner—The Horrors of Hidden Fees, with John Harmon: Layers of Charges Are Pinching Consumers’ Stretched WalletsData Dive: When Will US Grocery Unit Growth Turn Positive?US Healthcare: Real Estate Insights—Gyms, Malls, Grocers and More Enter the Retail Health Space