Investing.com - Netstreit reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Netstreit announced earnings per share of $0.30 on revenue of $25.01. Analysts polled by Investing.com anticipated EPS of $0.04 on revenue of $24.36M.
Netstreit shares are down 18% from the beginning of the year and are trading at $18.48 , down-from-52-week-high.
Netstreit follows other major Real Estate sector earnings this month
Netstreit's report follows an earnings beat by American Tower on Thursday, who reported EPS of $1.8 on revenue of $2.67B, compared to forecasts EPS of $1.13 on revenue of $2.65B.
Prologis had beat expectations on October 19 with third quarter EPS of $1.36 on revenue of $1.75B, compared to forecast for EPS of $1.34 on revenue of $1.2B.
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