Weing
Weingarten Realty (WRI) got here out with quarterly funds from operations (FFO) of $0.53 per share, according to the Zacks Consensus Estimate. This compares to FFO of $0.55 per share a yr in the past. These figures are adjusted for non-recurring objects.
1 / 4 in the past, it was anticipated that this actual property funding belief would submit FFO of $0.53 per share when it really produced FFO of $0.53, delivering no shock.
During the last 4 quarters, the corporate has not been in a position to surpass consensus FFO estimates.
Weingarten Realty, which belongs to the Zacks REIT and Fairness Belief – Retail trade, posted revenues of $115.78 million for the quarter ended December 2019, lacking the Zacks Consensus Estimate by 1.66%. This compares to year-ago revenues of $123.99 million. The corporate has not been in a position to beat consensus income estimates over the past 4 quarters.
The sustainability of the inventory’s instant value motion based mostly on the…