Plymouth Industrial REIT (PLYM) Misses Q1 EPS by 10c, Revenues Beat

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Go back to Plymouth Industrial REIT (PLYM) Misses Q1 EPS by 10c, Revenues Beat

Plymouth Industrial REIT Reports First Quarter Results

May 8, 2020 6:30 AM EDT

BOSTON--(BUSINESS WIRE)-- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the Company) today announced its consolidated financial results for the first quarter ended March 31, 2020 and other recent developments.

First Quarter and Subsequent Highlights

Reported results for the first quarter of 2020 reflect a net loss attributable to common stockholders of $4.0 million, or $(0.53) per weighted average common share; net operating income (NOI) of $17.2 million; Funds from Operations attributable to common stockholders and unit holders (FFO) of $0.53 per weighted average common share and units; and Adjusted FFO (AFFO) of $0.45 per... More