Published on 5 Aug 2022 on Zacks via Yahoo Finance
Cedar Realty Trust (CDR) Q2 FFO and Revenues Lag Estimates
Cedar Realty Trust (CDR) came out with quarterly funds from operations (FFO) of $0.58 per share, missing the Zacks Consensus Estimate of $0.70 per share. This compares to FFO of $0.61 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of -17.14%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.61 per share when it actually produced FFO of $0.65, delivering a surprise of 6.56%.
Over the last four quarters, the company has surpassed consensus FFO estimates two times.