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Armada Hoffler Properties Q4 Normalized FFO $0.31 Down From $0.35 YoY, Rental Revenue $59.84M Miss $63.80M Estimate

Author: Benzinga Newsdesk | February 22, 2024 07:02am

Armada Hoffler Properties (NYSE:AHH) reported quarterly normalized FFO of $0.31 per share. This is a 11.43 percent decrease over earnings of $0.35 per share from the same period last year. The company reported quarterly rental revenue of $59.84 million which missed the analyst consensus estimate of $63.80 million by 6.20 percent. This is a 7.45 percent increase over sales of $55.69 million the same period last year.

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