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$GGP 2Q15 Call: 3Q15 Outlook: We expect same-store NOI of approx. $555MM or 4.25-4.5% growth. We expect net G&A of approx. $43MM and expect 4-4.5% EBITDA growth of approx. $520MM. We expect financing cost to be around $205MM and FFO in the range of $325-335MM or FFO per share of $0.34-0.36, representing growth of approx. 7.5% per share.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.