DDR Corp. Reveals 3% Drop In Q4 Earnings

(RTTNews) - DDR Corp. (DDR) reported a profit for fourth quarter that lost ground compared to the same period last year.

The company said its profit declined to $111.09 million, or $0.30 per share. This was lower than $114.12 million, or $0.31 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 5.8% to $232.17 million. This was down from $246.53 million last year.

DDR Corp. earnings at a glance:

-Earnings (Q4): $111.09 Mln. vs. $114.12 Mln. last year. -Earnings Decline (Y-o-Y): -2.7% -EPS (Q4): $0.30 vs. $0.31 last year. -EPS Decline (Y-o-Y): -3.2% -Revenue (Q4): $232.17 Mln vs. $246.53 Mln last year. -Revenue Change (Y-o-Y): -5.8%