City Office REIT Q1 FFO $0.30 Beats $0.28 Estimate, Sales $42.26M Miss $42.38M Estimate

City Office REIT (NYSE:CIO) reported quarterly earnings of $0.30 per share which beat the analyst consensus estimate of $0.28 by 7.14 percent. This is a 9.09 percent decrease over earnings of $0.33 per share from the same period last year. The company reported quarterly sales of $42.26 million which missed the analyst consensus estimate of $42.38 million by 0.29 percent. This is a 5.02 percent decrease over sales of $44.49 million the same period last year.