NETSTREIT Reports First Quarter 2024 Financial and Operating Results
NetSTREIT Corp. (NTST)
Company Research
Source: Business Wire
– Net income of $0.01 and Adjusted Funds from Operations ("AFFO") of $0.31 Per Diluted Share for First Quarter –– Completed $129.2 Million of Gross Investment Activity at 7.5% Blended Cash Yield for First Quarter –– Increasing Low End of 2024 AFFO Per Share Guidance to a New Range of $1.25 to $1.28 –– Completed $198.7 Million Forward Equity Offering in January 2024 –– $30.8 Million of Forward Equity Sales through ATM Year to Date – DALLAS--(BUSINESS WIRE)--NETSTREIT Corp. (NYSE: NTST) (the “Company”) today announced financial and operating results for the first quarter ended March 31, 2024.“I'm proud to report NETSTREIT's strong start to the year. We raised a combined $229.5 million from our January follow-on offering and our ATM program year to date, and have completed $129.2 million in gross investment activity at a blended cash yield of 7.5% during the quarter. With our 2024 capital needs already addressed, NETSTREIT is primed to continue to take advantage of an increasingly att
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NTST
News
- NETSTREIT Corp. (NYSE: NTST) had its price target raised by analysts at Scotiabank from $17.00 to $18.00. They now have a "sector perform" rating on the stock.MarketBeat
- NETSTREIT Corp. (NYSE:NTST) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- NETSTREIT's Q1 Earnings: Salient Features Assessed [Seeking Alpha]Seeking Alpha
- NETSTREIT Reports First Quarter 2024 Financial and Operating Results [Yahoo! Finance]Yahoo! Finance
- NETSTREIT Corp. Announces Dates for First Quarter 2024 Earnings Release and Conference CallBusiness Wire
NTST
Earnings
- 4/29/24 - Miss
NTST
Sec Filings
- 5/20/24 - Form 4
- 5/17/24 - Form 8-K
- 5/16/24 - Form 144
- NTST's page on the SEC website