STORE Capital Announces Third Quarter 2018 Operating Results
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STORE Capital (STOR) Tops Q3 EPS by 1c, Revenues Beat; Offers FY18/FY19 AFFO Guidance
November 1, 2018 6:49 AM EDTSTORE Capital (NYSE: STOR) reported Q3 EPS of $0.23, $0.01 better than the analyst estimate of $0.22. Revenue for the quarter came in at $137 million versus the consensus estimate of $128.26 million.
Total revenues of $137.0 millionNet income of $48.2 million, or $0.23 per basic and diluted share, including an aggregate net gain of $1.2 million on dispositions of real estateAFFO of $97.4 million, or $0.47 per basic and diluted shareDeclared a regular quarterly cash dividend per common share of $0.33, representing a 6.5% increase over the second quarterInvested $510.6 million in 129 properties at a weighted average initial... More