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VEREIT Q1 EPS $0.070 Beats $0.050 Estimate, AFFO/Share $0.17, Sales $298.600M Miss $304.540M Estimate

VEREIT (NYSE:VER) reported quarterly earnings of $0.070 per share which beat the analyst consensus estimate of $0.050 by 40 percent. This is a 61.11 percent decrease over earnings of $0.180 per share from the same period

Benzinga · 05/20/2020 10:16

VEREIT (NYSE:VER) reported quarterly earnings of $0.070 per share which beat the analyst consensus estimate of $0.050 by 40 percent. This is a 61.11 percent decrease over earnings of $0.180 per share from the same period last year. The company reported quarterly sales of $298.600 million which missed the analyst consensus estimate of $304.540 million by 1.95 percent. This is a 5.76 percent decrease over sales of $316.843 million the same period last year.