Kite Realty Group (KRG) Q3 FFO Match Estimates

Kite Realty Group (KRG) came out with quarterly funds from operations (FFO) of $0.51 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.51 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 $0.51 per share when it actually produced FFO of $0.53, delivering a surprise of 3.92%. Over the last four quarters, the company has surpassed consensus FFO estimates two times. Kit ...