NetSTREIT Posts 22% Revenue Gain in Q2
NetSTREIT Corp. (NYSE:NTST), a retail-focused real estate investment trust (REIT) specializing in net-leased properties, announced its second quarter 2025 results on July 23, 2025. The company reported AFFO per diluted share of $0.33, which was well above the analyst consensus estimate of $0.06 (non-GAAP). Net income per diluted share (GAAP) reached $0.04, compared to a $(0.03) loss a year earlier. Revenue was $48.3 million, reflecting a 22.1% year-over-year increase. The quarter saw strong execution on portfolio expansion and an increase in the quarterly dividend. Results exceeded most key expectations (non-GAAP), and the outlook for both AFFO (non-GAAP) and investment activity for the remainder of FY2025 was raised.
Source: Analyst estimates for the quarter provided by FactSet.
NetSTREIT Corp. is a REIT focused on acquiring and managing single-tenant, net-leased retail properties across the United States. In a net lease, tenants cover most property expenses such as taxes, insurance, and maintenance, leaving the landlord with stable rental income. NetSTREIT pursues a strategy centered on high tenant credit quality, long lease terms, and broad diversification across tenants, industries, and states.
Source Fool.com
