Saul Centers (BFS) Q3 FFO and Revenues Beat Estimates

Saul Centers (BFS) came out with quarterly funds from operations (FFO) of $0.83 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to FFO of $0.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 3.75%. A quarter ago, it was expected that this real estate investment trust involved mostly in shopping malls would post FFO of $0.77 per share when it actually produced FFO of $0.83, delivering a surprise of ...