Spirit Realty Capital Q2 FFO Down - Quick Facts

(RTTNews) - Spirit Realty Capital, Inc. (SRC) Thursday said second-quarter funds from operations, or FFO, improved to $21.4 million or $0.25 per share from $19.4 million or $0.49 per share in the same period last year.

Adjusted FFO for the quarter was $37.9 million or $0.45 per share. On average, five analysts polled by Thomson Reuters expected the company to earn $0.19 per share for the quarter. Analysts' estimates typically exclude special items.

Second-quarter loss attributable to common stockholders widened to $11.7 million or $0.14 per share from $8.8 million or $0.34 per share last year.

Revenues totaled $72.8 million, up 7.2 percent from $68.0 million. Analysts expected revenues of $73.22 million.