PEI - PREIT GAAP EPS of -$0.43 revenue of $85.17M

PREIT press release (NYSE:PEI): Q4 GAAP EPS of -$0.43; FFO of $0.17 Revenue of $85.17M (+27.8% Y/Y). Same Store NOI, excluding lease termination revenue, increased 52.5% for the three months ended December 31, 2021 compared to the three months ended December 31, 2020. Total Occupancy increasing by 290 basis points, sequentially, to 93.2%. Mall Non-anchor Occupancy increased 10 basis points, sequentially, to 89.5%. The Company is not issuing detailed guidance at this time.

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PREIT GAAP EPS of -$0.43, revenue of $85.17M