After the market close on Monday, the real estate investment trust reported earnings of 20 cents per share, while analysts were expecting earnings of 42 cents per share.
Revenue of $644.6 million topped analysts' forecasts for revenue of $629.27 million.
Additionally, the company raised its quarterly common stock dividend by 12% to 19 cents per share.
Separately, recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
TheStreet Ratings rates this stock as a "buy" with a ratings score of B. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, notable return on equity, expanding profit margins and good cash flow from operations. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself.
You can view the full analysis from the report here: GGPGGP data by YCharts