STAG Industrial, Inc. (STAG) reported first-quarter Funds from operations attributable to common stockholders of $11.73 million, compared to $3.96 million last year.
Core Funds from operations or CFFO attributable to common stockholders of $13.4 million or $0.33 per share, compared to $4.8 million or $0.30 per share in the comparable quarter last year.
First quarter net loss attributable to common stockholders of $1.8 million or $0.04 per share, narrower than $1.9 million or $0.12 per share last year.
Total revenue for the quarter was $30.35 million, compared to $17.54 million in the comparable quarter last year.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.32 per share on revenues of $28.75 million for the quarter. Analysts' estimates typically exclude special items.
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