tiprankstipranks
Advertisement
Advertisement

Netstreit reports Q1 AFFO 34c, consensus 34c

“I am pleased to report a strong start to the year with a record amount of net investments completed this quarter. Our disciplined sourcing and underwriting allowed us to capitalize on an attractive acquisitions market while maintaining our strict risk adjusted return targets. Given the excellent condition of our balance sheet, which was strengthened by $314 million of gross forward equity sales in the quarter, we are increasing both our 2026 net investment guidance and the midpoint of our 2026 AFFO per share guidance,” said Mark Manheimer, Chief Executive Officer of NETSTREIT (NTST).

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1