Clipper Realty Inc. (CLPR) Misses Q4 FFO and Revenue Estimates

Clipper Realty Inc. (CLPR) came out with quarterly funds from operations (FFO) of $0.04 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to FFO of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -63.64%. A quarter ago, it was expected that this company would post FFO of $0.1 per share when it actually produced FFO of $0.13, delivering a surprise of +30%.Over the last four quarters, the company ...