earnings
confidence high
sentiment positive
materiality 0.70
Modiv Industrial Q1 AFFO $0.33 beats consensus, revenue $11.8M, AFFO up 18% YoY
MODIV INDUSTRIAL, INC.
2025-Q1 EPS reported
-$0.01
revenue$11,793,000
- Q1 revenue $11.8M, net income to common stockholders $2,000; AFFO $3.9M ($0.33/diluted), up 18% YoY, above consensus.
- Repurchased 275,000 preferred shares YTD (13.8% of total) at avg $23.74.
- Executed 10-year lease renewal with FujiFilm at Santa Clara property; 6.75% rent increase plus 3% annual escalations.
- CEO reports no material tariff impact on tenants after 20 hours of calls; sees increased order books and reshoring demand.