Clipper Realty(US:CLPR) ZACKS·2025-02-14 23:11Summary of Clipper Realty Inc. (CLPR) Core Viewpoint - Clipper Realty Inc. reported a quarterly funds from operations (FFO) of $0.19 per share, exceeding the Zacks Consensus Estimate of $0.14 per share, and showing an increase from $0.15 per share a year ago, indicating a positive performance trend [1][2]. Financial Performance - The company achieved an FFO surprise of 35.71% for the recent quarter, and previously, it had a surprise of 50% when it reported FFO of $0.18 per share against an expectation of $0.12 per share [1][2]. - Clipper Realty's revenues for the quarter ended December 2024 were $38.05 million, which fell short of the Zacks Consensus Estimate by 1.69%, but represented an increase from $34.87 million year-over-year [2]. Market Performance - Clipper Realty shares have declined approximately 14.2% since the beginning of the year, contrasting with a 4% gain in the S&P 500 [3]. - The stock currently holds a Zacks Rank of 3 (Hold), suggesting it is expected to perform in line with the market in the near future [6]. Future Outlook - The consensus FFO estimate for the upcoming quarter is $0.16, with projected revenues of $40.4 million, and for the current fiscal year, the estimate is $0.54 on revenues of $167.5 million [7]. - The outlook for the REIT and Equity Trust - Other industry is currently in the bottom 38% of Zacks industries, which may impact Clipper Realty's stock performance [8].