Netstreit reports Q3 AFFO 32c, consensus 32c

Reports Q3 revenue $41.444M, consensus $38.87M. “We are pleased to announce our highest quarterly investment activity in the Company’s history with $151.6 million in gross investments at a blended cash yield of 7.5%. Our 100% occupied portfolio remains in excellent condition to support our growing earnings base and attractive dividend yield. Looking forward, we remain focused on identifying quality investment opportunities that further enhance our portfolio diversification while elevating our internal growth profile to generate consistent AFFO per share growth and deliver sustained value for shareholders,” said Mark Manheimer, Chief Executive Officer of NETSTREIT (NTST).