Saul Centers (BFS) Beats Q2 FFO and Revenue Estimates

Saul Centers (BFS) came out with quarterly funds from operations (FFO) of $0.83 per share, beating the Zacks Consensus Estimate of$ 0.77 per share. This compares to FFO of $0.78 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 7.79%. A quarter ago, it was expected that this real estate investment trust involved mostly in shopping malls would post FFO of$ 0.77 per share when it actually produced FFO of $0.80, delivering a surprise o ...