City Office REIT (CIO) Misses Q2 FFO and Revenue Estimates

City Office REIT (CIO) came out with quarterly funds from operations (FFO) of $0.28 per share, missing the Zacks Consensus Estimate of$0.30 per share. This compares to FFO of $0.35 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of -6.67$0.31 per share when it actually produced FFO of $0.33, delivering a surprise of 6.45%. Over the last four q ...