City Office REIT (CIO) Tops Q1 FFO and Revenue Estimates

City Office REIT (CIO) came out with quarterly funds from operations (FFO) of $0.30 per share, beating the Zacks Consensus Estimate of$0.28 per share. This compares to FFO of $0.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 7.14$0.28 per share when it actually produced FFO of $0.28, delivering no surprise.Over the last four quarters, th ...