NETSTREIT (NTST) reported Q1 adjusted funds from operations late Friday of $0.32 per diluted share, up from $0.31 a year earlier.

One analyst polled by FactSet expected $0.32.

Revenue for the quarter ended March 31 was $45.9 million, up from $37.7 million a year earlier.

One analyst surveyed by FactSet expected $42.6 million.

The company adjusted its 2025 AFFO per share guidance to $1.28 to $1.30 from $1.27 to $1.30 previously. Analysts expect $1.29.

The company kept its quarterly dividend at $0.21 per share, payable June 16 to holders of record June 2.