Brookfield Canada Office Properties Q3 FFO Down - Quick Facts

(RTTNews) - Brookfield Canada Office Properties (BOXC, BOX.UN.TO) Monday reported third-quarter funds from operations, or FFO, of C$33.3 million or C$0.36 per unit, down from C$35.5 million or C$0.38 per unit in the same period last year.

Adjusted FFO for the quarter was C$25.8 million or C$0.28 per unit. On average, six analysts polled by Thomson Reuters expected the company to report FFO of C$0.41 per share for the quarter. Analysts' estimates typically exclude special items.

Net income for the quarter decreased to C$32.6 million or C$0.35 per unit from C$75.1 million or C$0.81 per unit last year. The current IFRS value increased to C$32.93 per unit from C$32.57 per unit last year.