First Industrial Realty Trust (FR) Surpasses Q2 FFO and Revenue Estimates

First Industrial Realty Trust (FR) came out with quarterly funds from operations (FFO) of $0.76 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to FFO of $0.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +5.56%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.7 per share when it actually produced FFO of $0.68, delivering a surprise of -2.86%.Over the l ...