Global Medical REIT (GMRE) Meets Q2 FFO Estimates

Global Medical REIT (GMRE) came out with quarterly funds from operations (FFO) of $0.22 per share, in line with the Zacks Consensus Estimate. This compares to FFO of$0.23 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.24 per share when it actually produced FFO of$0.23, delivering a surprise of -4.17%. Over the last four quarters, the company has not been able to surpass consensus FFO estim ...