Veris Residential (VRE) Q4 FFO and Revenues Miss Estimates

Veris Residential (VRE) came out with quarterly funds from operations (FFO) of $0.11 per share, missing the Zacks Consensus Estimate of$0.12 per share. This compares to FFO of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -8.33$0.12 per share when it actually produced FFO of $0.17, delivering a surprise of 41.67%.Over the last four q ...