STORE Capital Announces Second Quarter 2018 Operating Results
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STORE Capital (STOR) Tops Q2 EPS by 9c, Revenues Beat; Offers FY18 Guidance
August 2, 2018 6:49 AM EDTSTORE Capital (NYSE: STOR) reported Q2 EPS of $0.31, $0.09 better than the analyst estimate of $0.22. Revenue for the quarter came in at $131.2 million versus the consensus estimate of $125.47 million.
Highlights
For the quarter ended June 30, 2018:
Total revenues of $131.2 millionNet income of $62.2 million, or $0.31 per basic and diluted share, including an aggregate net gain of $19.9 million on dispositions of real estateAFFO of $91.1 million, or $0.46 per basic share and $0.45 per diluted shareDeclared a regular quarterly cash dividend per common share of $0.31Invested $335.1 million in 111 properties at a... More