Published on 6 May 2022 on Zacks via Yahoo Finance
Cedar Realty Trust (CDR) Beats Q1 FFO Estimates
Cedar Realty Trust (CDR) came out with quarterly funds from operations (FFO) of $0.65 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to FFO of $0.62 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of 6.56%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.59 per share when it actually produced FFO of $0.57, delivering a surprise of -3.39%.
Over the last four quarters, the company has surpassed consensus FFO estimates two times.