Spirit Realty Cap Q3 FFO $0.93 Up From $0.90 YoY, Sales $193.38M Beat $187.75M Estimate
Portfolio Pulse from Benzinga Newsdesk
Spirit Realty Cap (NYSE:SRC) reported Q3 earnings of $0.93 per share, a 3.33% increase YoY. The company also reported quarterly sales of $193.38M, beating the analyst consensus estimate of $187.75M by 3.00% and marking a 5.72% increase YoY.
November 02, 2023 | 12:05 pm
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POSITIVE IMPACT
Spirit Realty Cap reported a YoY increase in Q3 earnings and sales, beating analyst estimates. This positive financial performance could potentially boost investor confidence.
Spirit Realty Cap reported increased earnings and sales YoY, and also beat analyst estimates. This indicates a strong financial performance, which is likely to positively impact the company's stock in the short term as it could boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100