Clipper Realty Inc. (CLPR) Beats Q3 FFO Estimates

Clipper Realty Inc. (CLPR) came out with quarterly funds from operations (FFO) of $0.18 per share, beating the Zacks Consensus Estimate of$ 0.12 per share. This compares to FFO of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 50%. A quarter ago, it was expected that this company would post FFO of$ 0.10 per share when it actually produced FFO of $0.17, delivering a surprise of 70%.Over the last four quarters, the company has ...