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

Clipper Realty Inc. (CLPR) came out with quarterly funds from operations (FFO) of $0.15 per share, missing the Zacks Consensus Estimate of$ 0.16 per share. This compares to FFO of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -6.25%. A quarter ago, it was expected that this company would post FFO of$ 0.17 per share when it actually produced FFO of $0.15, delivering a surprise of -11.76%.Over the last four quarters, the comp ...