SmartCentres REIT Q2 FFO $0.58 Beats $0.55 Estimate, Sales $225.959M Miss $239.272M Estimate
SmartCentres REIT (TSX:SRU) reported quarterly earnings of $0.58 per share which beat the analyst consensus estimate of $0.55 by 5.45 percent. This is unchanged from the same period last year. The company reported
SmartCentres made more money per share than experts guessed, which is good—but the company sold less stuff than people expected, which is not so good. When a company beats on one number but misses on another, it's a mixed signal about whether things are really getting better.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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