earnings
confidence high
sentiment positive
materiality 0.70
NETSTREIT Q1 AFFO $0.32/diluted share, raises FY2025 AFFO guidance to $1.28-$1.30
NETSTREIT Corp.
2025-Q1 EPS reported
$0.02
revenue$45,910,000
- Net income $0.02 per diluted share; AFFO $0.32, up 3.2% YoY from $0.31.
- Completed $90.7M gross investment activity at 7.7% blended cash yield in Q1.
- Raises 2025 AFFO per share guidance to $1.28-$1.30 (midpoint $1.29).
- Closed $275M additional financing commitments in January 2025.
- CEO highlights active capital recycling reducing top tenant concentrations.