Plymouth Industrial REIT Reports First Quarter Results
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Plymouth Industrial REIT (PLYM) Misses Q1 EPS by 21c, Revenues Beat; Provides FY19 EPS Outlook
May 9, 2019 6:41 AM EDTPlymouth Industrial REIT (NYSE: PLYM) reported Q1 EPS of ($1.37), $0.21 worse than the analyst estimate of ($1.16). Revenue for the quarter came in at $16.66 million versus the consensus estimate of $11.37 million.
Reported results for the first quarter of 2019 reflect a net loss attributable to common stockholders of $6.5 million, or $(1.37) per weighted average common share; net operating income (NOI) of $10.4 million; Funds from operations attributable to common stockholders and unit holders (FFO) of $0.55 per weighted average common share and units; and Adjusted FFO (AFFO) of $0.45 per weighted average common share and units. FFO and AFFO per weighted... More