Innovative Ind Props (NYSE:IIPR) reported quarterly earnings of $2.22 per share which beat the analyst consensus estimate of $2.04 by 8.82 percent. This is a 2.63 percent decrease over earnings of $2.28 per share from the same period last year. The company reported quarterly sales of $76.74 million which beat the analyst consensus estimate of $76.44 million by 0.39 percent. This is a 3.05 percent decrease over sales of $79.16 million the same period last year.