On October 31, 2017, GGP Inc. declared a fourth quarter common stock dividend of $0.22 per share payable on January 5, 2018, to stockholders of record on December 15, 2017. The Board of Directors also declared a quarterly dividend on the 6.375% Series A Cumulative Redeemable Preferred Stock of $0.3984 per share payable on January 2, 2018, to stockholders of record on December 15, 2017.

The company announced consolidated earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company reported total revenues of $578,357,000 against $554,493,000 a year ago. Operating income was $218,306,000 against $153,417,000 a year ago. Income before income taxes, equity in income of unconsolidated real estate affiliates, discontinued operations, and allocation to non-controlling interests was $197,328,000 against $645,887,000 a year ago. Net income attributable to common stockholders was $218,796,000 or $0.23 per diluted share against $670,194,000 or $0.70 per diluted share a year ago. Net operating income as adjusted was $561 million as compared to $546 million in the prior year period, an increase of 2.8%. Earnings before interest, taxes, depreciation and amortization as adjusted were $532 million as compared to $507 million in the prior year period, an increase of 4.8%. Funds from operations were $355 million, or $0.37 per diluted share, as compared to $336 million, or $0.35 per diluted share, in the prior year period. Third quarter same-store NOI increased 2%.

For the nine months, the company reported total revenues of $1,700,487,000 against $1,736,112,000 a year ago. Operating income was $593,967,000 against $543,434,000 a year ago. Income before income taxes, equity in income of unconsolidated real estate affiliates, discontinued operations, and allocation to non-controlling interests was $380,423,000 against $899,191,000 a year ago. Net income attributable to common stockholders was $443,851,000 or $0.47 per diluted share against $1,039,953,000 or $1.09 per diluted share a year ago. NOI as adjusted was $1.67 billion as compared to $1.64 billion, an increase of 2.4%. EBITDA as adjusted was $1.56 billion as compared to $1.51 billion, an increase of 3.3%. FFO was $1.04 billion, or $1.09 per diluted share, as compared to $1.06 billion, or $1.10 per diluted share, in the prior year period.

For the fourth quarter ending December 31, 2017, the company's expects net income attributable to common shareholders to be $0.21 to $0.23 per share, net income attributable to common stockholders to be $0.20 to $0.22 and company FFO per dilute share to be $0.46 to $0.48. For the fourth quarter, the company is guiding to a same-store NOI growth of about 2.5%, a company NOI growth of nearly 3%, company EBITDA growth of over 5%, leading to FFO per share growth of 8% to 10%.