4 Cor
4 Corners Property Belief (FCPT) got here out with quarterly funds from operations (FFO) of $0.36 per share, in keeping with the Zacks Consensus Estimate and the year-ago determine. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an FFO shock of 0.00%. 1 / 4 in the past, it was anticipated that this actual property funding belief would submit FFO of $0.34 per share when it really produced FFO of $0.35, delivering a shock of two.94%.
Over the past 4 quarters, the corporate has surpassed consensus FFO estimates two occasions.
4 Corners Property, which belongs to the Zacks REIT and Fairness Belief – Different trade, posted revenues of $40.88 million for the quarter ended December 2019, lacking the Zacks Consensus Estimate by 0.34%. This compares to year-ago revenues of $38.04 million. The corporate has not been capable of beat consensus income estimates during the last 4 quarters.
The sustainability of the…