Armada Hoffler Properties Q1 Adj. FFO $0.33 Beats $0.31 Estimate, Rental Income $61.88M Beat $60.74M Estimate

Armada Hoffler Properties (NYSE:AHH) reported quarterly FFO of $0.33 per share which beat the analyst consensus estimate of $0.31 by 6.45 percent. This is a 10 percent increase over FFO of $0.30 per share from the same period last year. The company reported quarterly rental income of $61.88 million which beat the analyst consensus estimate of $60.74 million by 1.88 percent. This is a 10.07 percent increase over $56.22 million the same period last year.