NETSTREIT's Q3 Adjusted FFO, Revenue Increase; 2024 Guidance Narrowed

MT Newswires Live11-05

NETSTREIT (NTST) reported Q3 adjusted funds from operations late Monday of $0.32 per diluted share, up from $0.31 a year earlier.

Analysts polled by Capital IQ expected $0.32.

Revenue for the quarter ended Sept. 30 was $41.4 million, up from $34 million a year earlier.

Analysts surveyed by Capital IQ expected $40.6 million.

For 2024, the real estate investment trust narrowed its AFFO guidance to $1.26 to $1.27 per diluted share from its prior range of $1.25 to $1.28. Analysts polled by Capital IQ expect $1.27.

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