Rouse Properties Q4 FFO Rises - Quick Facts

(RTTNews) - Rouse Properties Inc. (RSE) Wednesday reported fourth-quarter funds from operations or FFO of $9.5 million, compared to $6.4 million, last year.

Core FFO was $23.1 million or $0.46 per share, compared to $18.7 million or $0.38 per share in the comparable quarter last year.

Net loss for the quarter was $24.7 million or $0.50 per share, wider than $13.6 million or $0.28 per share in the year-ago quarter.

Total revenues for the quarter grew to $67.35 million from $59.82 million last year.

For the full year 2013, the company is reiterating its core FFO range of $1.49 to $1.55 per share.

For fiscal 2014, the company currently expects net income in the range of $0.10 per share to $0.20 per share, FFO per share of $1.21 to $1.29 and Core FFO of $1.54 per share to $1.58 per share.

On February 27, 2014, the Board of Directors declared a common stock dividend of $0.17 per share payable on April 30, 2014 to stockholders of record on April 15, 2014.