Clipper Realty Misses Q4 FFO and Revenue Estimates, Shares Down 10.2% YTD

Clipper Realty Inc. (CLPR) reported Q4 FFO of $0.04 per share, missing the Zacks Consensus Estimate of $0.11 per share. The company's revenue of $37.07 million also missed estimates by 2.7%. Shares have lost 10.2% since the beginning of the year. The company's FFO outlook shows a favorable trend, translating into a Zacks Rank #2 (Buy) for the stock.