Innovative Ind Props Q1 FFO $1.94, Inline, Sales $71.72M Beat $71.39M Estimate

Innovative Ind Props (NYSE:IIPR) reported quarterly earnings of $1.94 per share which met the analyst consensus estimate. This is a 12.22 percent decrease over earnings of $2.21 per share from the same period last year. The company reported quarterly sales of $71.72 million which beat the analyst consensus estimate of $71.39 million by 0.46 percent. This is a 4.95 percent decrease over sales of $75.45 million the same period last year.