Highwoods Properties (HIW) Q1 FFO Lag Estimates

Highwoods Properties (HIW) came out with quarterly funds from operations (FFO) of $0.89 per share, missing the Zacks Consensus Estimate of $0.90 per share. This compares to FFO of $0.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -1.11%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.91 per share when it actually produced FFO of $0.99, delivering a surprise of 8.79%.Over the last four ...