VEREIT® Announces First Quarter 2021 Operating Results

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Go back to VEREIT® Announces First Quarter 2021 Operating Results

VEREIT (VER) PT Raised to $47.50 at Stifel Following Earnings

May 6, 2021 1:51 PM EDT

Stifel analyst Simon Yarmak raised the price target on VEREIT (NYSE: VER) to $47.50 (from $40.00) while maintaining a Hold rating.

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VEREIT (VER) Tops Q1 EPS by 23c, Revenues Beat

May 6, 2021 6:19 AM EDT

VEREIT (NYSE: VER) reported Q1 EPS of $0.50, $0.23 better than the analyst estimate of $0.27. Revenue for the quarter came in at $290.8 million versus the consensus estimate of $287.76 million.

First Quarter 2021 Financial and Operating Highlights

Net income of $120.7 million and net income per diluted share of $0.50Achieved $0.80 AFFO per... More