Modiv (MDV) Misses Q2 EPS by 37c
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Modiv Industrial Announces Second Quarter 2025 Results
August 7, 2025 6:00 AM EDTDENVER--(BUSINESS WIRE)-- Modiv Industrial, Inc. (Modiv Industrial, Modiv or the Company) (NYSE: MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate, today announced operating results for the second quarter ended June 30, 2025.
Highlights:
Second quarter 2025 revenue of $11.8 million and net loss attributable to common stockholders of $(2.8) million. Second quarter AFFO of $4.8 million, or $0.38 per diluted share, a 22% year-over year increase, beating consensus estimates. 5-year lease renewal with 2% annual escalations on our Northrop Grumman property located in Melbourne,... More