Clipper Realty Inc. (CLPR) Beats Q4 FFO Estimates

Clipper Realty Inc. (CLPR) came out with quarterly funds from operations (FFO) of $0.19 per share, beating the Zacks Consensus Estimate of$ 0.14 per share. This compares to FFO of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 35.71%. A quarter ago, it was expected that this company would post FFO of$ 0.12 per share when it actually produced FFO of $0.18, delivering a surprise of 50%.Over the last four quarters, the company ...