Brief: Clipper Realty Reports Q1 Adjusted FFO Per Share Of $0.12

Clipper Realty

09/05/2019 21:39

May 9 (Reuters) - Clipper Realty Inc  CLPR.N :
    * . ANNOUNCES FIRST QUARTER 2019 RESULTS
    * Q1 ADJUSTED FFO PER SHARE $0.12
    * Q1 REVENUE $27.7 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$27.7
MILLION
    * LAWRENCE KREIDER, JR., ITS CHIEF FINANCIAL OFFICER,
INTENDS TO
RETIRE EFFECTIVE JUNE 30
    * MICHAEL FRENZ, PRESENTLY COMPANY'S HEAD OF CAPITAL
MARKETS, WILL
BECOME CHIEF FINANCIAL OFFICER
    * QUARTERLY NET OPERATING INCOME OF $14.7 MILLION FOR Q1
2019,
REPRESENTING AN INCREASE OF 3.7%

Source text for Eikon:  ID:nBw4GV9LFa 
Further company coverage:  CLPR.N 

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