Spirit Realty Capital (SRC) Reports In-Line Q4 FFO

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Spirit Realty Capital, Inc. Announces Fourth Quarter and Full Year 2017 Financial and Operating Results

February 22, 2018 6:45 AM EST

DALLAS, Feb. 22, 2018 /PRNewswire/ -- Spirit Realty Capital, Inc. (NYSE: SRC) ("Spirit" or the "Company"), a premier net-lease real estate investment trust (REIT) that invests in single-tenant, operationally essential real estate, today announced that it has released its financial and operating results for the three and twelve months ended December 31, 2017.

FOURTH QUARTER 2017 HIGHLIGHTS

Generated Net Income of $0.07 vs $0.00 per share, FFO of $0.19 vs $0.21 per share and AFFO of $0.21 vs $0.21 per share, compared to same quarter 2016. Completed a $172.5 million underwritten public offering of 6.0% Series A Cumulative Redeemable Preferred... More