earnings
confidence high
sentiment positive
materiality 0.65
FrontView REIT reports Q1 AFFO $0.30/share, reaffirms FY AFFO guidance $1.20-$1.26
FrontView REIT, Inc.
2025-Q1 EPS reported
-$0.06
revenue$16,243,000
- Q1 net loss $1.3M ($0.06/share); AFFO $8.2M ($0.30/share) vs predecessor AFFO $5.0M (non-comparable).
- Acquired 17 properties for $49.2M at 7.9% cap rate; portfolio 96.3% leased across 323 properties.
- Updated 2025 guidance: net investments reduced to $125-145M, dispositions raised to $20-40M; AFFO reaffirmed $1.20-$1.26 per share.
- Quarterly dividend maintained at $0.215/share, payable July 15 to June 30 holders.
- Appointed Randall Starr as CFO (adds to Co-CEO/Co-President roles); entered $200M interest rate swap at 4.96%.