Modiv Industrial Q4 Earnings Call Highlights

AFFO per share declined to $0.32 from $0.37 in the prior-year quarter. Pacini said the per-share decline was primarily due to a 1.7 million increase in diluted shares outstanding, reflecting previously disclosed issuance of operating partnership units in the first quarter of 2025 and issuance of common shares through the ATM program and the distribution reinvestment plan.Adjusted funds from operations (AFFO) for the quarter were $4.0 million , compared with $4.1 million a year earlier. Pacini said the rough ...