First Industrial Realty Trust (FR) Q1 FFO Miss Estimates

First Industrial Realty Trust (FR) came out with quarterly funds from operations (FFO) of $0.60 per share, missing the Zacks Consensus Estimate of $0.62 per share. This compares to FFO of $0.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -3.23%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.62 per share when it actually produced FFO of $0.63, delivering a surprise of 1.61%.Over the l ...