Spirit Realty Capital (SRC) Reports In-Line Q4 AFFO

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Spirit Realty Capital Announces Third Quarter 2014 Operating Results Initiates 2015 AFFO Guidance

November 3, 2014 4:00 PM EST

SCOTTSDALE, Ariz., Nov. 3, 2014 (GLOBE NEWSWIRE) -- Spirit Realty Capital, Inc. (NYSE: SRC), a real estate investment trust (REIT) that invests in single-tenant, operationally essential real estate, today announced operating results for the third quarter ended September 30, 2014.

Highlights

For the third quarter ended September 30, 2014, Spirit Realty Capital:

Generated revenues of $152.3 million, compared to $136.8 million in the third quarter of 2013. Generated Adjusted Funds from Operations (AFFO) of $0.21 per share, Funds from Operations (FFO) of $0.20 per share, and net income of $0.02 per share. Acquired 51 properties for $206.2 million,... More