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

Spirit Realty Capital

04/05/2022 17:51

* Spirit Realty Capital Inc  SRC.N  reported quarterly
adjusted
earnings of 42 cents​​ per share for the quarter ended in March.
The mean expectation of eight analysts for the quarter was
for earnings of 37 cents per share.
    * Revenue rose 24.4% to $168.08 million from a year ago; 
analysts
expected $162.61 million. 
    * Spirit Realty Capital Inc's reported EPS for the quarter
was 42
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Spirit Realty Capital Inc shares had fallen by 5.0% this
quarter and lost 9.3% so far this year.
    * The company reported quarterly net income of $53.47
million.
    * Wall Street's median 12-month price target for Spirit
Realty
Capital Inc is $52.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 4 at 04:51 p.m.  ​All
figures in US dollars unless otherwise stated