Netstreit reports Q3 adjusted FFO 33c, consensus 33c

Reports Q3 revenue $48.308M, consensus $48.13M. “We are pleased with our strong execution in the third quarter, achieving record gross investment volume fueled by an improving cost of capital and over $690 million in recently raised capital,” said Mark Manheimer, Chief Executive Officer of NETSTREIT (NTST). “Through continued accretive dispositions, we are well ahead of schedule of our year-end diversification goals, positioning our portfolio to thrive in an increasingly uncertain macroeconomic environment. Additionally, with a lowly levered balance sheet and over $1.1 billion in available liquidity, we are well-positioned to drive increased investments and strong long-term AFFO per share growth.”