Earnings Feed

8.2% quarter-over-quarter, 17.8% year-over-year

On an adjusted basis, earnings per share were up 8.2% versus last quarter and up 17.8% versus the second quarter of 2024.

$1.2 million

The loudest noise was due to the successful resolution of the 5-year curfuffle with the United States Postal Service. It was long overdue. But in the end, it's what we expected.

$0.84 per share

AFFO per share for the quarter was slightly ahead of our expectations, driven primarily by lower-than-planned bad debt.

$187.6 million or $1.70 per share

Core funds from operations for the second quarter were $187.6 million or $1.70 per share, $0.01 ahead of the midpoint of our prior quarterly guidance.

$1.28

AFFO per share was $1.28 for the second quarter, which represents an $0.11 or 9.4% increase compared to the second quarter of last year.

$0.88

This morning, we reported earnings per share of $0.88 or $0.90 excluding certain items outlined on Page 2 of the release, exceeding consensus estimates.