earnings
confidence high
sentiment positive
materiality 0.70
Modiv Industrial Q4 AFFO $0.37 beats by 22%; full-year AFFO $1.34; 2025 guidance $1.37
MODIV INDUSTRIAL, INC.
- Q4 2024 net income $0.6M ($0.07 diluted); full-year net income $2.3M ($0.25 diluted).
- Q4 AFFO $4.1M ($0.37) beat consensus by 22%; full-year AFFO $14.99M ($1.34) beat street by $0.08.
- CEO estimates 2025 AFFO at $1.37 per share, 19% above street consensus of $1.15.
- Achieved >$1.4M annual cash expense savings; CEO will forgo salary/bonus for 5 years.
- Completed $2M asset sale; upcoming $6M UPREIT acquisition closing by March 14, 2025.