In a report published by Morgan Keegan, Cedar Shopping Centers CDR saw a slight miss in 4Q.
Morgan Keegan said that CDR reported 4Q 2010 FFO of negative $0.40 per share. “Ex. non-cash items and acquisition costs, operating FFO was $0.14 per share. Our estimate included $0.02 in acquisition costs; net of these items, FFO was $0.01 below our $0.13 per share estimate.”
Cedar Shopping Centers closed yesterday at $6.01.
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