---
schema_version: "secwatch.filing_event.v1"
accession: "0001798100-24-000057"
form_type: "8-K"
ticker: "NTST"
cik: "0001798100"
company_name: "NETSTREIT Corp."
filed_at: "2024-04-29T23:59:59+00:00"
generated_at: "2026-06-03T05:41:21.448460+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NETSTREIT Q1 AFFO $0.31/sh; raises 2024 AFFO guidance low end to $1.25-$1.28

## Summary
- Net income $0.01 per diluted share; AFFO $0.31 per diluted share for Q1 2024.
- Gross investment activity of $129.2M at 7.5% blended cash yield completed in Q1.
- Completed $198.7M forward equity offering in Jan 2024 and $30.8M ATM sales YTD.
- Increasing low end of 2024 AFFO per share guidance to $1.25-$1.28 from prior $1.23-$1.28.

## SEC filing metadata
- accession: 0001798100-24-000057
- form_type: 8-K
- ticker: NTST
- cik: 0001798100
- company_name: NETSTREIT Corp.
- filed_at: 2024-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1798100/000179810024000057/0001798100-24-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1798100/000179810024000057/ntst-20240429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001798100-24-000057
- JSON: https://secwatch.observer/filing/0001798100-24-000057.json
- Plain text: https://secwatch.observer/filing/0001798100-24-000057.txt

## Key facts
- Earnings Releases
  NETSTREIT Corp. reported the first quarter ended March 31, 2024 results: net income $0.01, EPS $0.01. Guidance raised.
  - Period: the first quarter ended March 31, 2024
  - Net income: $0.01
  - EPS: $0.01
  - Guidance: raised
  - Result: reported results
  source text: NETSTREIT REPORTS FIRST QUARTER 2024 FINANCIAL AND OPERATING RESULTS – Net income of $0.01 and Adjusted Funds from Operations ("AFFO") of $0.31 Per Diluted Share for First Quarter – – Completed $129.2 Million of Gross Investment Activity at 7.5% Blended Cash Yield for First Quarter – – Increasing Low End of 2024 AFFO Per Share Guidance to a New Range of $1.25 to $1.28 –
  evidence_url: https://www.sec.gov/Archives/edgar/data/1798100/000179810024000057/0001798100-24-000057-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.