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.