BRT Realty (BRT) Q2 FFO Miss Estimates

BRT Realty (BRT) came out with quarterly funds from operations (FFO) of $0.35 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to FFO of $0.37 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of -5.41%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.27 per share when it actually produced FFO of $0.35, delivering a surprise of 29.63%. Over the last four quarte ...