CAPREIT Q3 FFO $0.65, Inline, Sales $246.623M Miss $248.100M Estimate

CAPREIT (TSX:CAR) reported quarterly earnings of $0.65 per share which met the analyst consensus estimate. This is a 1.52 percent decrease over earnings of $0.66 per share from the same period last year. The company reported quarterly sales of $246.623 million which missed the analyst consensus estimate of $248.100 million by 0.60 percent. This is a 2.26 percent decrease over sales of $252.321 million the same period last year.