American Finance Trust Announces First Quarter 2020 Results
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American Finance Trust, Inc. (AFIN) Misses Q1 EPS by 34c
May 6, 2020 5:05 PM EDTAmerican Finance Trust, Inc. (NASDAQ: AFIN) reported Q1 EPS of ($0.08), $0.34 worse than the analyst estimate of $0.26. Revenue for the quarter came in at $74.6 million versus the consensus estimate of $75.45 million.
Revenue increased 4% to $74.6 million as compared to $71.5 million for the first quarter 2019Net loss attributable to common stockholders was $9.2 million, or $0.08 per diluted share, compared to a net loss of $3.2 million, or $0.03 per diluted share, for the first quarter 2019Cash net operating income (\"NOI\") grew by 6% to $59.0 million compared to $55.7 million for the first quarter 2019Funds from Operations (\"FFO\") was... More