Clipper Realty Q2 FFO $0.20 Beats $0.16 Estimate, Sales $39.04M Miss $40.40M Estimate

Clipper Realty (NYSE:CLPR) reported quarterly earnings of $0.20 per share which beat the analyst consensus estimate of $0.16 by 25 percent. This is a 17.65 percent increase over earnings of $0.17 per share from the same period last year. The company reported quarterly sales of $39.04 million which missed the analyst consensus estimate of $40.40 million by 3.38 percent. This is a 4.53 percent increase over sales of $37.35 million the same period last year.