DDR Corp. Q3 Profit Climbs 6%

(RTTNews) - DDR Corp. (DDR) released earnings for its third quarter that climbed from last year.

The company said its bottom line rose to $120.64 million, or $0.33 per share. This was up from $113.54 million, or $0.31 per share, in last year's third quarter.

Analysts had expected the company to earn $0.31 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.5% to $245.24 million. This was down from $248.89 million last year.

DDR Corp. earnings at a glance:

-Earnings (Q3): $120.64 Mln. vs. $113.54 Mln. last year. -Earnings Growth (Y-o-Y): 6.3% -EPS (Q3): $0.33 vs. $0.31 last year. -EPS Growth (Y-o-Y): 6.5% -Analysts Estimate: $0.31 -Revenue (Q3): $245.24 Mln vs. $248.89 Mln last year. -Revenue Change (Y-o-Y): -1.5%

-Guidance: Full year EPS guidance: $1.26 - $1.28