financetom
Business
financetom
/
Business
/
Netstreit Q1 AFFO, Revenue Rise; Low End of 2024 AFFO Guidance Increases; Quarterly Dividend Maintained
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Netstreit Q1 AFFO, Revenue Rise; Low End of 2024 AFFO Guidance Increases; Quarterly Dividend Maintained
Apr 29, 2024 3:02 PM

05:42 PM EDT, 04/29/2024 (MT Newswires) -- Netstreit ( NTST ) reported Q1 adjusted funds from operations late Monday of $0.31 per diluted share, up from $0.30 a year earlier.

The result matched the consensus from analysts polled by Capital IQ.

Revenue in the three months ended March 31 rose to $37.7 million from $29.5 million a year earlier.

Analysts polled by Capital IQ expected $38 million.

The company revised its full year 2024 AFFO per share guidance to $1.25 to $1.28 from $1.24 to $1.28. Analysts expect $1.26.

The company's board maintained its quarterly cash dividend at $0.205 a share, payable June 14 to shareholders of record June 3.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Kennedy Wilson to Acquire Toll Brothers’ Apartment Living Platform for $347 Million, Adding Over $5 Billion of Assets Under Management
Kennedy Wilson to Acquire Toll Brothers’ Apartment Living Platform for $347 Million, Adding Over $5 Billion of Assets Under Management
Sep 18, 2025
Kennedy Wilson to acquire Toll Brothers’ interests in a portfolio of stabilized and in-development apartment and student housing properties for $347 million Transaction will bring over $5 billion of assets under Kennedy Wilson management, including $2.2 billion of AUM in 18 apartment and student housing properties that Kennedy Wilson will acquire as part of the transaction, and $3.0 billion of...
Automakers have resisted raising car prices because of tariffs. That might not last
Automakers have resisted raising car prices because of tariffs. That might not last
Sep 18, 2025
DETROIT (Reuters) -Automakers have been absorbing billions in added expenses since U.S. President Donald Trump's tariffs took effect in April, sparing American car shoppers from sticker shock. So far.  Car prices were supposed to have bolted higher by now, auto executives and analysts  predicted. But that has not happened, mirroring some other industries where companies have decided to eat added...
Dream Impact Names New CEO, Agrees to Extend, Amend Debentures
Dream Impact Names New CEO, Agrees to Extend, Amend Debentures
Sep 18, 2025
06:05 AM EDT, 09/18/2025 (MT Newswires) -- Dream Impact Trust (MPCT-UN.TO) late Wednesday said it has appointed Derrick Lau as chief financial officer, effective Sept. 19. Lau currently serves as the CFO of Dream Residential Real Estate Investment Trust (DRR-U.TO) and has over 15 years of experience in the real estate industry. Meaghan Peloso will continue to provide strategic support...
Financial data firm FactSet beats Q4 revenue estimates
Financial data firm FactSet beats Q4 revenue estimates
Sep 18, 2025
Overview * FactSet Q4 GAAP revenue rises 6.2% yr/yr, beating analyst expectations, per LSEG data * Q4 GAAP diluted EPS up 73.7% yr/yr, adjusted EPS misses estimates, per LSEG data Outlook * FactSet expects fiscal 2026 GAAP revenue of $2.423 bln to $2.448 bln * Company anticipates organic ASV growth of $100 mln to $150 mln in fiscal 2026 *...
Copyright 2023-2026 - www.financetom.com All Rights Reserved