General Growth Properties Inc. reported consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net loss attributable to common shareholders of $117.8 million or $0.38 per basic and diluted share on total revenues of $761 million compared to net loss attributable to common shareholders of $20.9 million or $0.08 per basic and diluted share on total revenues of $814.7 million for the same quarter a year ago. The company reported loss from continuing operations was $117.5 million or $0.38 per basic and diluted share compared to the company reported loss from continuing operations of $40.3 million or $0.13 per basic and diluted share for the same quarter a year ago. Operating income was $201.2 million and loss before income taxes, noncontrolling interests, reorganization items, and equity in income of unconsolidated real estate affiliates of $124.6 million compared to operating income of $257.7 million and loss before income taxes, noncontrolling interests, reorganization items, and equity in income of unconsolidated real estate affiliates of $72.1 million for the same quarter a year ago. Operating partnership FFO was $100.2 million or $0.31 per diluted share compared to operating partnership FFO of $178.9 million or $0.56 per diluted share for the same quarter a year ago. Operating Partnership FFO as adjusted for comparability was $183.2 million or $0.57 per diluted share compared to operating Partnership FFO as adjusted for comparability of $230.4 million or $0.72 per diluted share for the same quarter a year ago. For the nine months, the company reported net loss attributable to common shareholders of $672.3 million or $2.16 per basic and diluted share on total revenue of $2,341.7 million compared to net income attributable to common shareholders of $11.3 million or $0.04 per basic and diluted share on total revenue of $2,460.6 million for the same period a year ago. The company reported loss from continuing operations was $680.2 million or $2.16 per basic and diluted share compared to loss from continuing operations was $31.8 million or $0.13 per basic and diluted share for the same period a year ago. Operating income was $299.4 million and loss before income taxes, noncontrolling interests, reorganization items, and equity in income of unconsolidated real estate affiliates of $682.1 million compared to operating income of $880.4 million and loss before income taxes, noncontrolling interests, reorganization items, and equity in income of unconsolidated real estate affiliates of $92.3 million for the same period a year ago. Negative operating partnership FFO was $7.5 million or $0.02 per diluted share compared to operating partnership FFO of $617.5 million or $1.98 per diluted share for the same period a year ago. Operating Partnership FFO as adjusted for comparability was $573.1 million or $1.79 per diluted share compared to operating Partnership FFO as adjusted for comparability of $645.6 million or $2.07 per diluted share for the same period a year ago. The company recorded additional retail property, development project and goodwill impairments of $60.9 million, $0.19 per fully diluted share, which was in excess of similar provisions for impairment of $15.2 million, $0.05 per fully diluted share, recorded in the comparable 2008 period.

General Growth Properties Inc. expected to Report Fiscal Year 2009 Results on February 22, 2010. This event was calculated by Capital IQ (Created on November 6, 2009).

General Growth Properties Inc. expected to Report Q3 2009 Results on November 9, 2009. This event was calculated by Capital IQ (Created on November 5, 2009).