DDR Corp. Reveals 11% Retreat In Q2 Bottom Line

(RTTNews) - DDR Corp. (DDR) reported earnings for second quarter that retreated compared to the same period last year.

The company said its earnings declined to $108.77 million, or $0.30 per share. This was down from $122.44 million, or $0.33 per share, in last year's second quarter.

The company said revenue for the quarter fell 7.5% to $227.40 million. This was down from $245.86 million last year.

DDR Corp. earnings at a glance:

-Earnings (Q2): $108.77 Mln. vs. $122.44 Mln. last year. -Earnings Decline (Y-o-Y): -11.2% -EPS (Q2): $0.30 vs. $0.33 last year. -EPS Decline (Y-o-Y): -9.1% -Revenue (Q2): $227.40 Mln vs. $245.86 Mln last year. -Revenue Change (Y-o-Y): -7.5%