Industrial Logistics Properties Trust (ILPT) Tops Q1 FFO and Revenue Estimates

Industrial Logistics Properties Trust (ILPT) came out with quarterly funds from operations (FFO) of $0.14 per share, beating the Zacks Consensus Estimate of$ 0.13 per share. This compares to FFO of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 7.69%. A quarter ago, it was expected that this company would post FFO of$ 0.12 per share when it actually produced FFO of $0.12, delivering no surprise.Over the last four quarters, t ...