Spirit Realty Capital (SRC) Tops Q3 EPS by 1c, Revenues Beat

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Go back to Spirit Realty Capital (SRC) Tops Q3 EPS by 1c, Revenues Beat

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

November 5, 2018 6:31 AM EST

DALLAS, Nov. 5, 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 third quarter ended September 30, 2018.

THIRD QUARTER 2018 HIGHLIGHTS

Invested $229.1 million, including $223.9 million in acquisitions comprising 13 properties, with a weighted average lease term of 17.1 years. Generated Income from Continuing Operations of $0.06 versus $0.01 per share, FFO of $0.16 versus $0.21 per share and AFFO of $0.17 versus $0.23 per share, in each case,... More