Spirit Realty Capital (SRC) Misses Q2 EPS by 1c, Revenues Miss; Offers FY18 Outlook

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Go back to Spirit Realty Capital (SRC) Misses Q2 EPS by 1c, Revenues Miss; Offers FY18 Outlook

Spirit Realty Capital, Inc. Announces Second Quarter 2018 Financial and Operating Results

August 7, 2018 5:23 PM EDT

DALLAS, Aug. 7, 2018 /PRNewswire/ -- Spirit Realty Capital, Inc. (NYSE: SRC) ("Spirit" or the "Company"), a premier net-lease real estate investment trust ("REIT") that primarily invests in single-tenant, operationally essential real estate, today reported its financial and operating results for the second quarter ended June 30, 2018.

SECOND QUARTER 2018 HIGHLIGHTS

Generated Net Income from Continuing Operations of $0.05 versus $0.01 per share, FFO of $0.16 versus $0.18 per share and AFFO of $0.20 versus $0.21 per share, in each case, compared to same quarter in 2017. Real estate portfolio occupancy was 99.6% as of June 30,... More