Terreno Realty (TRNO) Q4 FFO Match Estimates

Terreno Realty (TRNO) came out with quarterly funds from operations (FFO) of $0.62 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.58 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this industrial real estate company would post FFO of $0.61 per share when it actually produced FFO of $0.62, delivering a surprise of 1.64%.Over the last four quarters, the company has surpassed consensus FFO estimates two times.Terren ...