NETSTREIT (NTST) reported $44.1 million in income for the quarter ended December 2024, representing a year-over-year improve of 19.6%. EPS of $0.32 for a similar interval compares to $0.03 a yr in the past.
The reported income compares to the Zacks Consensus Estimate of $43.32 million, representing a shock of +1.81%. The corporate delivered an EPS shock of +3.23%, with the consensus EPS estimate being $0.31.
Whereas traders scrutinize income and earnings adjustments year-over-year and the way they examine with Wall Road expectations to find out their subsequent transfer, some key metrics all the time supply a extra correct image of an organization’s monetary well being.
Since these metrics play an important function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher venture a inventory’s worth efficiency.
Right here is how NETSTREIT carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Revenues- Curiosity revenue on loans receivable: $3.10 million versus the two-analyst common estimate of $3.28 million. The reported quantity represents a year-over-year change of +38.3%.
- Revenues- Rental income (together with reimbursable): $40.60 million versus the two-analyst common estimate of $39.53 million. The reported quantity represents a year-over-year change of +17.3%.
- Internet Earnings Per Share (Diluted): -$0.07 in comparison with the $0.03 common estimate primarily based on three analysts.
View all Key Company Metrics for NETSTREIT here>>>
Shares of NETSTREIT have returned -0.5% over the previous month versus the Zacks S&P 500 composite’s -0.5% change. The inventory presently has a Zacks Rank #4 (Promote), indicating that it might underperform the broader market within the close to time period.
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NETSTREIT Corp. (NTST) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
