Mall REITs post strong first-quarter results

05/6/2009 | RetailTrafficMag.com

Six mall REITs handed Wall Street pleasant surprises by beating analysts' first-quarter estimates. "The first quarter 2009 earnings season is shaping up to be perhaps the best earnings season from a hit/miss standpoint vs. analyst estimates over the past two years," wrote Rich Moore, an analyst with RBC Capital Markets, in a note to investors.

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