Monmouth Actual Property (MNR) got here out with quarterly funds from operations (FFO) of $0.21 per
Monmouth Actual Property (MNR) got here out with quarterly funds from operations (FFO) of $0.21 per share, lacking the Zacks Consensus Estimate of $0.22 per share. This compares to FFO of $0.22 per share a yr in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an FFO shock of -4.55%. 1 / 4 in the past, it was anticipated that this industrial actual property funding belief would publish FFO of $0.22 per share when it really produced FFO of $0.21, delivering a shock of -4.55%.
Over the past 4 quarters, the corporate has not been capable of surpass consensus FFO estimates.
Monmouth, which belongs to the Zacks REIT and Fairness Belief – Different business, posted revenues of $40.60 million for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 0.94%. This compares to year-ago revenues of $36.60 million. The corporate has topped consensus income estimates simply as soon as during the last 4 quarters.
The sustainability of the inventory’s quick…