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Canadian REIT reports 4% YOY increase in Q1 FFO per unit

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Canadian REIT reports 4% YOY increase in Q1 FFO per unit

Canadian REITreported a 4.0% year-over-year increase in its first-quarter FFO per unit.

The company earned FFO of C$57.2 million, or 78 cents perunit, compared to C$54.7 million, or 75 cents per share, in the year-agoperiod.

The aggregate results amount to a 4.5% year-over-yearincrease.

The S&P Capital IQ consensus FFO-per-share estimate forthe first quarter was 76 cents per share.