NETSTREIT FFO of $0.30 beats by $0.03, revenue of $25.01M beats by $0.49M

Oct. 27, 2022 4:24 PM ETNETSTREIT Corp. (NTST)By: Pranav Ghumatkar, SA News Editor1 Comment
  • NETSTREIT press release (NYSE:NTST): Q3 FFO of $0.30 beats by $0.03.
  • Revenue of $25.01M (+60.3% Y/Y) beats by $0.49M.
  • Completed $129.6 Million of Net Investment Activity.

  • Completed 10.35 Million Shares Forward Equity Offering and Closed $600 Million Sustainability-Linked Credit Facility.

  • $200 Million Term Loan Swapped to Maturity, 93% of Debt now Fixed.

  • Narrows Full Year 2022 AFFO Guidance to $1.15 to $1.17 Per Share, Increasing Mid-Point of the Range

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