Saul Centers (BFS) Q1 FFO Miss Estimates

Saul Centers (BFS) came out with quarterly funds from operations (FFO) of $0.71 per share, missing the Zacks Consensus Estimate of$ 0.73 per share. This compares to FFO of $0.80 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -2.74%. A quarter ago, it was expected that this real estate investment trust involved mostly in shopping malls would post FFO of$ 0.68 per share when it actually produced FFO of $0.63, delivering a surprise o ...