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Veris Residential (VRE) Surpasses Q3 FFO Estimates
VREVeris Residential(VRE) ZACKS·2024-10-30 22:56

Veris Residential (VRE) came out with quarterly funds from operations (FFO) of 0.17pershare,beatingtheZacksConsensusEstimateof0.17 per share, beating the Zacks Consensus Estimate of 0.12 per share. This compares to FFO of 0.12pershareayearago.Thesefiguresareadjustedfornonrecurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof41.670.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 41.67%. A quarter ago, it was expected that this real estate investment trust would post FFO of 0.13 per share when it actually produced FFO of $0.18, delivering a surprise of 38.46%.Over the last four q ...