Kite Realty Group (KRG) Q1 FFO Meet Estimates

Kite Realty Group (KRG) came out with quarterly funds from operations (FFO) of $0.50 per share, in line with the Zacks Consensus Estimate. This compares to FFO of$0.51 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 $0.49 per share when it actually produced FFO of$0.50, delivering a surprise of 2.04%.Over the last four quarters, the company has surpassed consensus FFO estimates three times.Kite ...