earnings
confidence high
sentiment positive
materiality 0.65
NETSTREIT Q2 net loss $(0.03)/share; AFFO $0.32; raises dividend 2.4% to $0.21
NETSTREIT Corp.
2024-Q2 EPS reported
-$0.02
revenue$77,240,000
- Net loss per diluted share $(0.03) vs $(0.01) YoY; AFFO per share $0.32 up 7% YoY.
- Completed $115.7M gross investment at 7.5% blended cash yield in Q2; $245M YTD.
- Maintained 2024 AFFO guidance range $1.25-$1.28 per share.
- Increased quarterly dividend by 2.4% to $0.21 per share.