Workflow
CTO Realty (CTO) Q3 FFO and Revenues Top Estimates
CTOCTO Realty Growth(CTO) ZACKS·2024-10-24 22:20

CTO Realty (CTO) came out with quarterly funds from operations (FFO) of 0.51pershare,beatingtheZacksConsensusEstimateof0.51 per share, beating the Zacks Consensus Estimate of 0.48 per share. This compares to FFO of 0.48pershareayearago.Thesefiguresareadjustedfornonrecurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof6.250.48 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 6.25%. A quarter ago, it was expected that this real estate company would post FFO of 0.43 per share when it actually produced FFO of $0.48, delivering a surprise of 11.63%.Over the last four quarters, the comp ...