Clipper Realty Q1 FFO $0.19 Beats $0.16 Estimate, Sales $39.40M Miss $40.40M Estimate

Clipper Realty (NYSE: CLPR) reported quarterly earnings of $0.19 per share which beat the analyst consensus estimate of $0.16 by 18.75 percent. This is a 35.71 percent increase over earnings of $0.14 per share from the same period last year. The company reported quarterly sales of $39.40 million which missed the analyst consensus estimate of $40.40 million by 2.48 percent. This is a 10.17 percent increase over sales of $35.76 million the same period last year.