Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

SPIRIT REALTY CAPITAL, INC.

(SRC)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Spirit Realty: Q3 Earnings Snapshot

11/02/2021 | 05:00pm EST

DALLAS (AP) _ Spirit Realty Capital Inc. (SRC) on Tuesday reported a key measure of profitability in its third quarter. The results beat Wall Street expectations.

The real estate investment trust, based in Dallas, said it had funds from operations of $101.5 million, or 84 cents per share, in the period.

The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of 83 cents per share.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had net income of $38.3 million, or 32 cents per share.

The real estate investment trust, based in Dallas, posted revenue of $152.6 million in the period. Its adjusted revenue was $151.4 million, falling short of Street forecasts. Five analysts surveyed by Zacks expected $151.9 million.

Spirit Realty expects full-year funds from operations in the range of $3.29 to $3.30 per share.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SRC at https://www.zacks.com/ap/SRC

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

All news about SPIRIT REALTY CAPITAL, INC.
04:20pSPIRIT REALTY CAPITAL : Announces Promotion of Rochelle Thomas to Executive Vice President..
PU
04:18pSPIRIT REALTY CAPITAL, INC. : Change in Directors or Principal Officers, Regulation FD Dis..
AQ
04:06pSpirit Realty Capital, Inc. Announces Promotion of Rochelle Thomas to Executive Vice Pr..
BU
01/19SPIRIT REALTY CAPITAL, INC. : Other Events, Financial Statements and Exhibits (form 8-K)
AQ
01/17Spirit Realty Capital Mulls Acquisitions
CI
01/14Spirit Realty Capital Prices Upsized Stock Offering at $47.60/Share
MT
01/13Spirit Realty Capital, Inc. Announces Pricing of an Upsized Public Offering of 8,200,00..
BU
01/13Spirit Realty Capital Launches Public Offering of 6.5 Million Shares
MT
01/13Spirit Realty Capital, Inc. Announces Public Offering of 6,500,000 Shares of Common Sto..
BU
01/13NORTH AMERICAN MORNING BRIEFING : Stock Futures -3-
DJ
More news
Analyst Recommendations on SPIRIT REALTY CAPITAL, INC.
More recommendations
Financials (USD)
Sales 2021 605 M - -
Net income 2021 163 M - -
Net Debt 2021 2 966 M - -
P/E ratio 2021 33,7x
Yield 2021 5,50%
Capitalization 5 870 M 5 870 M -
EV / Sales 2021 14,6x
EV / Sales 2022 13,5x
Nbr of Employees -
Free-Float 94,3%
Chart SPIRIT REALTY CAPITAL, INC.
Duration : Period :
Spirit Realty Capital, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SPIRIT REALTY CAPITAL, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 45,97 $
Average target price 53,66 $
Spread / Average Target 16,7%
EPS Revisions
Managers and Directors
Jackson Hsieh President, Chief Executive Officer & Director
Michael C. Hughes Chief Financial Officer & Executive Vice President
Richard I. Gilchrist Chairman
Kenneth Heimlich Chief Investment Officer & Executive VP
Kevin M. Charlton Independent Director
Sector and Competitors
1st jan.Capi. (M$)
SPIRIT REALTY CAPITAL, INC.-4.61%5 870
EQUINIX, INC.-13.60%65 806
DIGITAL REALTY TRUST, INC.-12.98%43 678
REALTY INCOME CORPORATION-4.44%38 707
ALEXANDRIA REAL ESTATE EQUITIES, INC.-11.83%31 216
SEGRO PLC-10.86%20 716