- Armada Hoffler Properties press release ( NYSE: AHH ): Q3 Normalized FFO of $0.29 misses by $0.01 .
- Revenue of $122.77M (+83.1% Y/Y) beats by $68.15M .
- Net Income of $0.38 Per Diluted Share
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Raised 2022 Full-Year Normalized FFO Guidance Range to $1.18 to $1.20 Per Diluted Share from a prior outlook of $1.16 to $1.20 Per Diluted Share vs. $1.19 consensus
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Executed 78,000 SF of New Office Leases at Harbor Point and Town Center
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Retail Occupancy Reached an All-Time High of 98%
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Rental Rates on New Apartment Leases Increased Nearly 9%
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Armada Hoffler Properties Normalized FFO of $0.29 misses by $0.01, revenue of $122.77M beats by $68.15M, raised FY FFO guidance