Global Medical REIT (GMRE) Meets Q2 FFO Estimates
GMREGlobal Medical REIT(GMRE) ZACKS·2024-08-07 07:15

Global Medical REIT (GMRE) came out with quarterly funds from operations (FFO) of 0.22pershare,inlinewiththeZacksConsensusEstimate.ThiscomparestoFFOof0.22 per share, in line with the Zacks Consensus Estimate. This compares to FFO of 0.23 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 0.24persharewhenitactuallyproducedFFOof0.24 per share when it actually produced FFO of 0.23, delivering a surprise of -4.17%.Over the last four quarters, the company has not been able to surpass consensus FFO estimat ...