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Stock impact report

STAG Industrial Announces First Quarter 2020 Results

Stag Industrial, Inc. (STAG) 
Last stag industrial, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NYSE Investor Relations: stagindustrial.com
Company Research Source: PR Newswire
BOSTON, April 30, 2020 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE: STAG), today announced its financial and operating results for the quarter ended March 31, 2020."STAG has had a great start to 2020 with strong first quarter operating results and an extremely defensive balance sheet," said Ben Butcher, Chief Executive Officer of the Company. "Our company is well positioned in this environment given our broadly diversified portfolio of industrial real estate, which is supported by significant liquidity and historically low leverage."First Quarter 2020 HighlightsReported $0.42 of net income per basic and diluted common share for the first quarter of 2020, as compared to $0.05 of net income per basic and diluted common share for the first quarter of 2019. Reported $62.1 million of net income attributable to common stockholders for the first quarter of 2020 compared to net income attributable to common stockholders of $5.8 million for the first quarter of 2019.Achieved $0 Show less Read more
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