BRT Realty (BRT) Q3 FFO and Revenues Beat Estimates

BRT Realty (BRT) came out with quarterly funds from operations (FFO) of $0.36 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to FFO of $0.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 2.86%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.37 per share when it actually produced FFO of $0.35, delivering a surprise of -5.41%.Over the last four quarters, ...