Spirit Realty Capital Inc reports results for the quarter ended in June - Earnings Summary

Spirit Realty Capital

07/08/2023 23:10

* Spirit Realty Capital Inc  SRC.N  reported quarterly
adjusted
earnings of 36 cents​​ per share for the quarter ended in June.
The mean expectation of eight analysts for the quarter was
for earnings of 36 cents per share.
    * Revenue rose 8.5% to $189.30 million from a year ago;
analysts
expected $188.44 million. 
    * Spirit Realty Capital Inc's reported EPS for the quarter
was 36
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Spirit Realty Capital Inc shares had risen by 0.4% this
quarter and lost 1.0% so far this year.
    * The company reported quarterly net income of $51.59
million.
    * Wall Street's median 12-month price target for Spirit
Realty
Capital Inc is $42.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 11
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 7 at 10:10 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.91           0.91           Met
 Mar. 31 2023      0.89           0.89           Met
 Dec. 31 2022      0.89           0.88           Missed
 Sep. 30 2022      0.89           0.90           Beat