Clipper Realty (NYSE:CLPR) reported quarterly earnings of $0.04 per share which missed the analyst consensus estimate of $0.11 by 63.64 percent. This is a 78.95 percent decrease over earnings of $0.19 per share from the same period last year. The company reported quarterly sales of $37.070 million which missed the analyst consensus estimate of $38.100 million by 2.70 percent. This is a 2.57 percent decrease over sales of $38.047 million the same period last year.