Innovative Industrial Properties (IIPR) Matches Q4 FFO Estimates

Innovative Industrial Properties (IIPR) came out with quarterly funds from operations (FFO) of $2.22 per share, in line with the Zacks Consensus Estimate. This compares to FFO of$2.28 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post FFO of $2.29 per share when it actually produced FFO of$2.25, delivering a surprise of -1.75%.Over the last four quarters, the company has surpassed consensus FFO estimates just once.Innovative ...