Taubman Centers, Inc. (TCO: Quote) announced that it has lowered its guidance for fiscal 2012 and now expects FFO in the range of $3.13 per share to $3.18 per share and adjusted FFO in the range of $3.22 per share to $3.27 per share. Earnings is currently forecast in the range of $1.20 per share to $1.30 per share.
Previously, the company expected FFO to be in the range of $3.22 to $3.27 per share, adjusted FFO in the range of $3.24 to $3.29 per share and earnings in the range of $1.27 to $1.37 per share for fiscal 2012.
Analysts currently expect the company to report FFO of $3.27 per share for 2012.
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by RTT Staff Writer
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