Stag Industrial (STAG) Q2 FFO and Revenues Beat Estimates

Stag Industrial (STAG) came out with quarterly funds from operations (FFO) of $0.61 per share, beating the Zacks Consensus Estimate of$0.59 per share. This compares to FFO of $0.56 per share a year ago. These figures are adjusted for non-recurring items. Stag, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of$189.78 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.47%. This compares to year-ago revenues of $171.69 million. The compan ...