CBL & Associates Properties Slips To Loss In Q4 - Quick Facts

(RTTNews) - CBL & Associates Properties, Inc. (CBL) reported a fourth-quarter net loss to shareholders of $2.38 million or $0.01 per share, compared to profit of $52.36 million or $0.33 per share, prior year. Funds from operations per share was $0.63 for the quarter.

On average, 17 analysts polled by Thomson Reuters expected the company to report profit per share of $0.61 for the quarter. Analysts' estimates typically exclude special items.

Total revenues rose year-over-year to $282.01 million, from $270.25 million. Analysts expected revenue of $279.20 million for the quarter.

The company expects its 2014 FFO in the range of $2.22-$2.26 per share. Earnings per share is expected to be in the range of $0.38 to $0.42. Analysts expect the company to report 2014 earnings per share of $2.22.