05:31 PM EDT, 10/22/2024 (MT Newswires) -- Retail Opportunity Investments ( ROIC ) reported Q3 funds from operations late Tuesday of $0.25 per diluted share, down from $0.27 a year earlier.

Analysts polled by Capital IQ expected $0.25.

Revenue for the quarter ended Sept. 30 was $83.5 million, up from $81.7 million a year earlier.

Analysts surveyed by Capital IQ expected $82.3 million.

The real estate investment trust said it now expects a full-year 2024 FFO of $1.03 to $1.05 per diluted share. It previously projected $1.04 to $1.07. Analysts surveyed by Capital IQ expect $1.04.

The company's board maintained its quarterly cash dividend at $0.15 per share, payable on Jan. 10 to stockholders of record on Dec. 20.