STORE Capital (STOR) Misses Q1 EPS by 1c, Revenues Beat; Offers FY21 Revenues Guidance Above Consensus

Go back to STORE Capital (STOR) Misses Q1 EPS by 1c, Revenues Beat; Offers FY21 Revenues Guidance Above Consensus

STORE Capital Announces First Quarter 2021 Operating Results

May 6, 2021 6:45 AM EDT

Affirms 2021 Guidance

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- STORE Capital Corporation (NYSE: STOR, STORE Capital or the Company), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced operating results for the first quarter ended March 31, 2021.

Highlights

For the quarter ended March 31, 2021:

Total revenues of $182.3 million Net income of $55.0 million, or $0.21 per basic and diluted share, including an aggregate net gain of $15.7 million on dispositions of real estate AFFO of $125.2 million, or $0.47 per... More