earnings
confidence high
sentiment positive
materiality 0.65
Sila Realty Trust Q1: Net income $14.2M (+914% YoY), FFO $33.1M (+26%)
Sila Realty Trust, Inc.
2024-Q1 EPS reported
$0.25
revenue$49,644,000
- Rental revenue $49.6M (+12% YoY); same-store cash NOI $38.3M unchanged.
- Core FFO $33.5M (+12%); AFFO $34.2M (+18%); EPS $0.06 diluted.
- Portfolio 99.4% leased with 9.2-year WALT; no acquisitions, one disposition for $12.5M.
- Net debt to EBITDAre 3.9x; interest coverage 6.9x; $522M liquidity.
- Company reiterates intent to pursue a public listing on a national exchange.