Fairness Commonwealth (EQC) got here out with quarterly funds from operations (FFO) of $0.16 per share, lacking the Zacks Consensus Estimate of $0.19 per share. This compares to FFO of $0.21 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an FFO shock of -15.79%. 1 / 4 in the past, it was anticipated that this workplace constructing actual property funding belief would put up FFO of $0.18 per share when it really produced FFO of $0.21, delivering a shock of 16.67%.
Over the past 4 quarters, the corporate has surpassed consensus FFO estimates 3 times.
Fairness Commonwealth, which belongs to the Zacks REIT and Fairness Belief – Different trade, posted revenues of $26 million for the quarter ended December 2019, lacking the Zacks Consensus Estimate by 0.71%. This compares to year-ago revenues of $42.93 million. The corporate has topped consensus income estimates simply as soon as over the past 4 quarters.
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