NetSTREIT Corp (NYSE:NTST) reported upbeat results for the first quarter on Monday.
The company posted quarterly FFO of 34 cents per share which beat the analyst consensus estimate of 33 cents per share. The company reported quarterly sales of $57.062 million which beat the analyst consensus estimate of $53.114 million.
Netstreit raised its FY2026 FFO guidance from $1.35-$1.39 to $1.36-$1.39.
“I am pleased to report a strong start to the year with a record amount of net investments completed this quarter. Our disciplined sourcing and underwriting allowed us to capitalize on an attractive acquisitions market while maintaining our strict risk adjusted return targets. Given the excellent condition of our …