Armada Hoffler Properties (AHH) Tops Q3 FFO and Revenue Estimates

Armada Hoffler Properties (AHH) came out with quarterly funds from operations (FFO) of $0.35 per share, beating the Zacks Consensus Estimate of$ 0.31 per share. This compares to FFO of $0.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 12.90%. A quarter ago, it was expected that this real estate company would post FFO of$ 0.31 per share when it actually produced FFO of $0.34, delivering a surprise of 9.68%.Over the last four qua ...