American Finance Trust Announces First Quarter 2019 Results
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American Finance Trust, Inc. (AFIN) Reports Q1 Loss of $0.03, Revenues Beat
May 8, 2019 6:10 AM EDTAmerican Finance Trust, Inc. (NASDAQ: AFIN) reported Q1 EPS of ($0.03), versus $0.15 reported last year. Revenue for the quarter came in at $71.54 million versus the consensus estimate of $57.29 million.
First Quarter 2019 Highlights
Revenues were $71.5 million for the quarter ended March 31, 2019 compared to $70.1 million for the quarter ended March 31, 2018Net loss attributable to common stockholders was $3.2 million for the quarter ended March 31, 2019, or $0.03 per share, compared to net income of $15.4 million, or $0.15 per diluted share, for the quarter ended March 31, 2018Funds from Operations (\"FFO\") was $26.8 million, or $0.25 per share, for the... More