Workflow
City Office REIT (CIO) Q2 FFO Meet Estimates

City Office REIT (CIO) came out with quarterly funds from operations (FFO) of 0.28pershare,inlinewiththeZacksConsensusEstimate.ThiscomparestoFFOof0.28 per share, in line with the Zacks Consensus Estimate . This compares to FFO of 0.28 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 0.28persharewhenitactuallyproducedFFOof0.28 per share when it actually produced FFO of 0.3, delivering a surprise of +7.14%. Over the last four quarters, the company has surpassed consensus FFO estimates just once. Emp ...