RTL - Necessity Retail REIT AFFO of $0.26 in-line revenue of $116.2M misses by $0.22M
- Necessity Retail REIT press release ( NASDAQ: RTL ): Q3 AFFO of $0.26 in-line.
- Revenue of $116.2M (+26.4% Y/Y) misses by $0.22M .
- High quality portfolio with 54% of the single tenant portfolio, and 61.9% of top 20 tenants, investment grade rated or implied investment grade rated.
- CEO comment: "We look forward to unlocking additional value appreciation as we expect to benefit from our successful and ongoing efforts to drive cash flow, while continuing to pay a very compelling dividend to our shareholders."
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Necessity Retail REIT AFFO of $0.26 in-line, revenue of $116.2M misses by $0.22M