STORE Capital Announces Third Quarter 2019 Operating Results
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STORE Capital (STOR) Tops Q3 EPS by 25c, Revenues Beat
October 31, 2019 6:54 AM EDTSTORE Capital (NYSE: STOR) reported Q3 EPS of $0.48, $0.25 better than the analyst estimate of $0.23. Revenue for the quarter came in at $171.8 million versus the consensus estimate of $160.15 million.
Highlights
For the quarter ended September 30, 2019:
Total revenues of $171.8 millionNet income of $111.6 million, or $0.48 per basic and diluted share, including an aggregate net gain of $59.3 million on dispositions of real estateAFFO of $116.1 million, or $0.50 per basic and diluted shareDeclared a regular quarterly cash dividend per common share of $0.35, representing a 6.1% increase over the prior quarterInvested $395.5 million in 85... More