NewLake Capital Q2 revenue beats estimates

Reuters2025-08-07
NewLake Capital <a href="https://laohu8.com/S/QTWO">Q2</a> revenue beats estimates

Overview

  • NewLake Capital Q2 revenue rises 3.8% yr/yr, beating analyst expectations, per LSEG data

  • Net income for Q2 rises to $7.3 mln, beating analyst estimates

  • Adjusted FFO for Q2 rises to $11.5 mln

Outlook

  • Company notes ongoing challenges in cannabis industry

  • NewLake Capital maintains disciplined execution despite cannabis industry challenges

  • Company does not provide specific financial guidance for future quarters in its press release

Result Drivers

  • STABLE BUSINESS MODEL - CEO Anthony Coniglio attributes revenue and AFFO growth to the stability of NewLake's business model despite cannabis industry challenges

  • DISCIPLINED EXECUTION - The company maintained a 79% AFFO payout ratio, reflecting disciplined execution

  • REVENUE GROWTH - Revenue increased by 3.8% year-over-year

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

Beat

$12.90 mln

$12.60 mln (3 Analysts)

Q2 Net Income

Beat

$7.30 mln

$6.25 mln (3 Analysts)

Q2 Adjusted FFO

$11.50 mln

Q2 FFO

$11.40 mln

Q2 Dividend

$0.43

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the real estate rental, development & operations peer group is "buy"

  • Wall Street's median 12-month price target for Newlake Capital Partners Inc is $16.00, about 12.8% above its August 5 closing price of $13.96

  • The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nGNX5l3JQM

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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