Tuesday, November 2, 2010

Post Properties Announces Third Quarter 2010 Earnings


ATLANTA--(BUSINESS WIRE)-- Post Properties, Inc. (NYSE: PPS) announced today net income available to common shareholders of $21.7 million, or $0.44 per diluted share, for the third quarter of 2010, compared to $50.2 million, or $1.13 per diluted share, for the third quarter of 2009.

The Company also announced a net loss attributable to common shareholders of $16.9 million for the nine months ended September 30, 2010, compared to a net loss of $0.1 million for the nine months ended September 30, 2009.

On a diluted per share basis, the net loss attributable to common shareholders was $0.35 for the nine months ended September 30, 2010, compared to a net loss of less than $0.01 for the nine months ended September 30, 2009.

For a complete copy of the company's news release and statistics, please contact: Chris Papa, 404-846-5028

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