Retailer Capital (STOR) got here out with quarterly funds from operations (FFO) of $0.50 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to FFO of $0.48 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an FFO shock of 6.38%. 1 / 4 in the past, it was anticipated that this retail actual property funding belief would submit FFO of $0.48 per share when it truly produced FFO of $0.50, delivering a shock of 4.17%.
Over the past 4 quarters, the corporate has surpassed consensus FFO estimates 4 occasions.
Retailer Capital, which belongs to the Zacks REIT and Fairness Belief – Retail business, posted revenues of $162.50 million for the quarter ended December 2019, lacking the Zacks Consensus Estimate by 1.01%. This compares to year-ago revenues of $139.21 million. The corporate has topped consensus income estimates two occasions during the last 4 quarters.
The…