Innovative Ind Props Q4 FFO $1.88 Beats $1.73 Estimate, Sales $66.657M Beat $65.951M Estimate

Innovative Ind Props (NYSE:IIPR) reported quarterly earnings of $1.88 per share which beat the analyst consensus estimate of $1.73 by 8.67 percent. This is a 15.32 percent decrease over earnings of $2.22 per share from the same period last year. The company reported quarterly sales of $66.657 million which beat the analyst consensus estimate of $65.951 million by 1.07 percent. This is a 13.14 percent decrease over sales of $76.744 million the same period last year.