NETSTREIT Corp. (NTST) Misses Q1 EPS by 5c, provides guidance

NETSTREIT Corp. (NYSE: NTST) reported Q1 EPS of $0.01, $0.05 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $37.67 million versus the consensus estimate of $36.78 million.

2024 GUIDANCE

The Company is increasing the low end of its 2024 AFFO per share guidance to a new range of $1.25 to $1.28 from its previously announced range of $1.24 to $1.28. The Company also expects cash G&A to be in the range of $13.5 million to $14.5 million (exclusive of transaction costs and severance payments).

The Company\'s 2024 guidance is based on a number of assumptions that are subject to change and many of which are outside the Company\'s control. If actual results vary from these assumptions, the Company\'s expectations may change. There can be no assurance that the Company will achieve these results.

For earnings history and earnings-related data on NETSTREIT Corp. (NTST) click here.

You May Also Be Interested In

• T-Mobile (TMUS) Tops Q2 EPS by 27c; offers outlook
• Lockheed Martin (LMT) Tops Q2 EPS by 71c, Beats on Revenue; Offers FY Guidance
• Visteon (VC) Misses Q2 EPS by 30c