Uniti Group (UNIT) Q1 FFO Meet Estimates

Uniti Group (UNIT) came out with quarterly funds from operations (FFO) of $0.35 per share, in line with the Zacks Consensus Estimate. This compares to FFO of$0.32 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this real estate investment trust would post FFO of $0.33 per share when it actually produced FFO of$0.35, delivering a surprise of 6.06%.Over the last four quarters, the company has surpassed consensus FFO estimates just once.Uniti, whic ...