The Rouse Co.The Rouse Co. released figures yesterday...

BY THE NUMBERS

August 14, 1991

The Rouse Co.

The Rouse Co. released figures yesterday showing that its second-quarter earnings before depreciation and deferred taxes from operations were up 6.2 percent from the same period one year before. Revenues that were up 14.9 percent during the same period.

For the first half, the real estate development company's comparableearnings were $19,761,000, up nearly 2 percent from the $19,388,000 figure recorded in the first half of 1990. Rouse officials developed the "earnings before depreciation and deferred taxes from operations" figure because they believe it gives shareholders the clearest measure of the company's status.

The net loss for the six months was $8,426,000, compared with a net loss of $3,965,000 for the first half of 1990. David Tripp, vice president and director of investor relations, attributed the loss to depreciation linked with the opening of several new projects. Rouse officials said tenants' sales in the company's retail centers were flat in the first half.

Three months ended 6/30/91

.. .. Revenues .. .... .. Earnings* .. ..Share**

'91 ..139,421,000 .. ..9,075,000 .. ..(0.10)

'90.. 121,340,000 .. ..8,544,000 .. ..(0.08)

% change .. +14.9 .. . +6.2 . . .. .. .. ..--

Six months ended 6/30/91

.. .. .. ..Revenues .. .. .. Earnings* .. Share**

'91.. .. 273,701,000 .. .19,761,000 .. .$(0.18)

'90.. .. 240,831,000 .. .19,388,000 .. .$(0.11)

% change .. .. ..+13.6.. .. .. ..+1.9 .. .. .--

* Figures reflect earnings before depreciation and deferred taxes from operations

** Based on net earnings

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