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Stock impact report

FIRST QUARTER 2024 OPERATING RESULTS ANNOUNCED BY NNN REIT, INC. [Yahoo! Finance]

Mister Car Wash, Inc. (MCW) 
Company Research Source: Yahoo! Finance
Operating Results: Revenues and net earnings, FFO, Core FFO and AFFO and diluted per share amounts: Quarter Ended March 31, (dollars in thousands, except per share data) Revenues Net earnings Net earnings per share FFO FFO per share Core FFO Core FFO per share AFFO AFFO per share First Quarter 2024 Highlights: FFO and Core FFO per share increased 3.8% over prior year results AFFO per share increased 2.4% over prior year results Maintained high occupancy levels at 99.4%, with a weighted average remaining lease term of 10.0 years, at March 31, 2024 as compared to 99.5% at December 31, 2023 and 99.4% at March 31, 2023 $124.5 million in property investments, including the acquisition of 20 properties with an aggregate gross leasable area of approximately 284,000 square feet at an initial cash cap rate of 8.0% Sold six properties for $18.5 million , producing $4.8 million of gains on sales Raised $21.5 million in net proceeds from the issuance of Show less Read more
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