WPG News and Press, Washington Prime Group Inc. From 11/13/20

Washington Prime Group Inc. (NYSE: WPG) today announced that CEO and Director Lou Conforti and CFO Mark Yale will present during Nareit’s REITworld ® 2020 virtual investor conference on Wednesday, November 18, 2020 at 3:45 p.m. ET. To access the Company’s live...

Washington Prime might get a bit of a short-term bump from the Pfizer vaccine news. Any rallies are selling opportunities. Like its B-tier mall peers, Washington Prime faces a dire financial situation. The preferred shares look like a yield trap; I'd only consider the bonds an...

Pushed to the brink by the pandemic, Mall REITs entered 2020 on unstable footing following a tsunami of store closings over the past decade, and the forthcoming vaccines may be too-little-too-late. Despite improving rent collection and foot traffic, earnings reports revealed that...

Earlier this month, two struggling mid-tier mall owners declared bankruptcy after failing to clean up their balance sheets adequately outside of Chapter 11. Many investors are wondering whether Washington Prime Group (NYSE: WPG) is next. Like other mall owners, the REIT ...

U.S. equity markets surged by the most since April on an election week rally fueled by the mounting prospects of a divided government after the "Blue Wave" failed to materialize. Rebounding from their worst week since March, the S&P 500 surged by 7.2% this past week while the Dow ...

Washington Prime Group Inc. (WPG) Q3 2020 Earnings Conference Call November 06, 2020 11:00 AM ET Company Participants Lisa Indest - Executive Vice President & Chief Accounting Officer Lou Conforti - Chief Executive Officer Mark Yale - Chief Financial Officer Conference Call Participants P...

Image source: The Motley Fool. Washington Prime Group Inc (NYSE: WPG) Q3 2020 Earnings Call Nov 6, 2020 , 11:00 a.m. ET Operator Continue reading For further details see: Washington Prime Group Inc (WPG) Q3 2020 Earnings Call Transcript ...

Washington Prime Group ([[WPG]] -18.6%) reported Q3 net loss of $43.7M or -$0.23/diluted share vs. net loss of $4.4M or -$0.02/diluted share in the year ago quarter.FFO stood at $16.6M, or $0.07/diluted share vs. $100.9M, or $0.45/diluted share, during the same quarter a year ago.YT...

Flying under-the-radar during Election season, a frenzy of real estate earnings reports over the last three weeks have provided critical information on the state of the commercial real estate sector. Roughly two-thirds of the 170 equity REITs in our coverage universe beat consensus FF...

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