Modiv Industrial, Inc. (MDV) Q3 FFO Meet Estimates

Group 1 - Modiv Industrial, Inc. reported quarterly funds from operations (FFO) of $0.34 per share, matching the Zacks Consensus Estimate and showing a year-over-year increase from$0.33 per share [1] - The company posted revenues of $11.59 million for the quarter ended September 2024, which was 2.61$12.5 million a year ago [2] - Modiv Industrial's shares have increased approximately 12.9% since the beginning of the year, while the S&P 500 has gained 21.2% [3] Group 2 - The future performance of Modiv Industrial's stock will largely depend on management's commentary during the earnings call and the outlook for FFO [3][4] - The current consensus FFO estimate for the upcoming quarter is $0.35 on revenues of$11.9 million, and for the current fiscal year, it is $1.32 on revenues of$47.03 million [7] - The REIT and Equity Trust - Residential industry, to which Modiv Industrial belongs, is currently ranked in the top 40% of over 250 Zacks industries, indicating a favorable outlook compared to lower-ranked industries [8]