Netstreit Q2 2024 FFO $0.32 Beats $0.30 Estimate, Sales $39.567M Beat $37.601M Estimate
Portfolio Pulse from Benzinga Newsdesk
Netstreit (NYSE:NTST) reported Q2 2024 earnings per share of $0.32, beating the analyst estimate of $0.30. The company also reported sales of $39.567 million, surpassing the $37.601 million estimate and marking a 25.09% increase from the same period last year.
July 29, 2024 | 8:12 pm
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Netstreit (NYSE:NTST) reported Q2 2024 earnings per share of $0.32, beating the analyst estimate of $0.30. The company also reported sales of $39.567 million, surpassing the $37.601 million estimate and marking a 25.09% increase from the same period last year.
Netstreit exceeded both earnings and sales estimates for Q2 2024, which is likely to positively impact the stock price in the short term. The significant year-over-year sales growth further strengthens the positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100