earnings
confidence high
sentiment positive
materiality 0.80
NETSTREIT Q1 net income $0.06/share (up 200% YoY); AFFO $0.34; raises 2026 guidance
NETSTREIT Corp.
2026-Q1 EPS reported
$0.06
revenue$57,062,000
- Q1 net income $0.06 per diluted share vs. $0.02 a year ago; AFFO $0.34 per share, up 6.3%.
- Gross investment activity of $239.0M at a 7.5% blended cash yield in Q1.
- Raised 2026 AFFO per share guidance to $1.36-$1.39; net investment guidance raised to $550M-$650M.
- Completed $314.3M of gross forward equity sales via February follow-on and ATM.
- CEO cites record net investments and strong balance sheet for guidance increase.