City Office REIT (CIO) Q4 FFO Meet Estimates

City Office REIT (CIO) came out with quarterly funds from operations (FFO) of $0.33 per share, in line with the Zacks Consensus Estimate. This compares to FFO of$0.38 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$0.34, delivering a surprise of 3.03%.Over the last four quarters, the company has surpassed consensus FFO estimates two times.City Of ...