Innovative Industrial Properties (IIPR) Q1 FFO and Revenues Miss Estimates
IIPRInnovative Industrial Properties(IIPR) Zacks Investment Research·2024-05-09 08:56

Innovative Industrial Properties (IIPR) came out with quarterly funds from operations (FFO) of 2.21pershare,missingtheZacksConsensusEstimateof2.21 per share, missing the Zacks Consensus Estimate of 2.27 per share. This compares to FFO of 2.25pershareayearago.Thesefiguresareadjustedfornon−recurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof−2.642.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of -2.64%. A quarter ago, it was expected that this company would post FFO of 2.24 per share when it actually produced FFO of $2.28, delivering a surprise of 1.79%. Over the last four quart ...