STAG Industrial Announces Third Quarter 2019 Results

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STAG Industrial (STAG) Misses Q3 EPS by 2c, Revenues Beat

October 30, 2019 5:40 PM EDT

STAG Industrial (NYSE: STAG) reported Q3 EPS of $0.07, $0.02 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $102.42 million versus the consensus estimate of $97.72 million.

Third Quarter 2019 Highlights

Reported $0.07 of net income per basic and diluted common share for the third quarter of 2019, as compared to $0.07 of net income per basic and diluted common share for the third quarter of 2018. Reported $9.5 million of net income attributable to common stockholders for the third quarter of 2019 compared to net income attributable to common stockholders of $7.2 million for the third... More