Realty Income Corp. (O) Matches Q1 FFO Estimates

Realty Income Corp. (O) came out with quarterly funds from operations (FFO) of $1.03 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.98 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 $1.02 per share when it actually produced FFO of $1.01, delivering a surprise of -0.98%.Over the last four quarters, the company has surpassed consensus FFO estimates two times.Realt ...