Financial Performance - Curbline Properties (CURB) reported quarterly funds from operations (FFO) of $0.29 per share, exceeding the Zacks Consensus Estimate of $0.27 per share, and up from $0.23 per share a year ago [1] - The quarterly FFO surprise was +6.62%, and the company has surpassed consensus FFO estimates three times over the last four quarters [2] - Curbline's revenues for the quarter were $54.15 million, surpassing the Zacks Consensus Estimate by 6.56%, compared to $34.92 million in the same quarter last year [3] Market Performance - Curbline shares have increased by approximately 8.9% since the beginning of the year, outperforming the S&P 500's gain of 1.3% [4] - The current consensus FFO estimate for the upcoming quarter is $0.26 on revenues of $51.82 million, and for the current fiscal year, it is $1.15 on revenues of $212.08 million [8] Industry Outlook - The REIT and Equity Trust - Retail industry, to which Curbline belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a favorable outlook [9] - Kimco Realty (KIM), another company in the same industry, is expected to report quarterly earnings of $0.44 per share, reflecting a year-over-year change of +4.8% [10]
Curbline Properties (CURB) Tops Q4 FFO and Revenue Estimates