City
City Edge Properties (UE) got here out with quarterly funds from operations (FFO) of $0.29 per share, consistent with the Zacks Consensus Estimate. This compares to FFO of $0.32 per share a yr in the past. These figures are adjusted for non-recurring gadgets.
1 / 4 in the past, it was anticipated that this actual property funding belief that owns and manages procuring facilities would put up FFO of $0.30 per share when it truly produced FFO of $0.29, delivering a shock of -3.33%.
During the last 4 quarters, the corporate has not been capable of surpass consensus FFO estimates.
City Edge Properties, which belongs to the Zacks REIT and Fairness Belief – Retail trade, posted revenues of $95.93 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 4.25%. This compares to year-ago revenues of $100.92 million. The corporate has topped consensus income estimates two instances during the last 4 quarters.
The sustainability of the…