Centerspace (CSR) reported Q4 FFO of $1.25 per share, surpassing the Zacks Consensus Estimate of $1.21, but missed revenue expectations. Despite the FFO beat, the company’s shares have declined by 4.7% since the beginning of the year. The stock currently holds a Zacks Rank #3 (Hold), indicating it is expected to perform in line with the market.
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Centerspace (CSR) Tops Q4 FFO Estimates
Centerspace (CSR) reported Q4 FFO of $1.25 per share, surpassing the Zacks Consensus Estimate of $1.21, but missed revenue expectations. Despite the FFO beat, the company’s shares have declined by 4.7% since the beginning of the year. The stock currently holds a Zacks Rank #3 (Hold), indicating it is expected to perform in line with the market.