Benzinga | Feb 24, 2021 04:57PM EST

Innovative Industrial Q4 Adj. FFO $1.29 Up From $1.18 YoY, Sales $37.09M Miss $38.50M Estimate

Innovative Industrial (NYSE:IIPR) reported quarterly earnings of $1.29 per share. This is a 9.32 percent increase over earnings of $1.18 per share from the same period last year. The company reported quarterly sales of $37.09 million which missed the analyst consensus estimate of $38.50 million by 3.65 percent. This is a 109.90 percent increase over sales of $17.67 million the same period last year.