DDR Corp. (DDR) Tuesday reported first-quarter funds from operations of $82.51 million or $0.26 per share, up from $59.74 million or $0.21 per share in the comparable quarter last year.
Operating FFO for the quarter was $0.27 per share, up from $0.24 per share in the same quarter last year.
Net loss attributable to common shareholders for the quarter narrowed substantially to $727 thousand or $0.00 per share from $22.02 million or $0.08 per share last year.
Total revenues for the quarter grew to $210.83 million from $190.58 million in the prior year.
Analysts polled by Thomson Reuters expected FFO of $0.26 per share and revenues of $208.57 million for the quarter. Analysts' estimates typically exclude special items.
Looking forward, the company continues to estimate operating FFO of $1.07 to $1.11 per share.
Analysts currently expect FFO of $1.10 per share for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.