STAG Industrial (STAG) Tops Q1 EPS by 32c, Revenues Beat
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STAG Industrial (NYSE: STAG) reported Q1 EPS of $0.42, $0.32 better than the analyst estimate of $0.10. Revenue for the quarter came in at $118.55 million versus the consensus estimate of $116.09 million.
"STAG has had a great start to 2020 with strong first quarter operating results and an extremely defensive balance sheet," said Ben Butcher, Chief Executive Officer of the Company. "Our company is well positioned in this environment given our broadly diversified portfolio of industrial real estate, which is supported by significant liquidity and historically low leverage."
For earnings history and earnings-related data on STAG Industrial (STAG) click here.
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