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AFIN - American Finance Trust FFO in-line beats on revenue
American Finance Trust Inc.
American Finance Trust (NASDAQ:AFIN): Q2 FFO of $0.23 in-line. Revenue of $81.58M (+8.9% Y/Y) beats by $0.78M. Cash net operating income grew 19.7% to $65.4 million from $54.7 million for the second quarter 2020. Improved Net Debt to Adjusted EBITDA to 7.4x from 8.7x in the same prior year quarter and 8.3x last quarter. Shares +0.49%. Press Release