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home / news releases / AFIN - American Finance Trust FFO misses by $0.02 misses on revenue

AFIN - American Finance Trust FFO misses by $0.02 misses on revenue

American Finance Trust Inc.
American Finance Trust (AFIN): Q1 FFO of $0.21 misses by $0.02.Revenue of $79.2M (+6.2% Y/Y) misses by $0.33M.Collected ~100% of original cash rent in Q1, including 100% in single tenant portfolio, 99% in the multi-tenant portfolio, and 100% among the top 20 tenant.Portfolio Occupancy of 94.9%, up from 93.9% in Q4.Total YTD closed and pipeline acquisitions of $72M with a cash capitalization rate of 7.2% and a weighted average capitalization rate of 8.2%.Press Release

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American Finance Trust FFO misses by $0.02, misses on revenue
Stock Information
Company Name: American Finance Trust Inc.
Stock Symbol: AFIN
Market: NASDAQ
Website: americanfinancetrust.com
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