Modiv (MDV) Q2 AFFO Jumps 22%

Modiv Industrial (NYSE:MDV), a real estate investment trust focused on U.S. industrial manufacturing properties, released results for Q2 2025 on August 7, 2025. The company’s key news was an Adjusted Funds from Operations (AFFO) per diluted share of $0.38, beating the $0.03 non-GAAP analyst estimate by a wide margin. Revenue (GAAP), meanwhile, landed just below expectations at $11.83 million compared to the $11.86 million consensus. The quarter also saw a net loss of $(2.82) million (GAAP), a swing from a modest profit of $0.4 million (GAAP) in the prior year, due to a significant, non-cash $4.0 million property impairment. Overall, the period underscored the company’s continued operational discipline and solid cash generation, even as asset impairments and muted revenue momentum provided headwinds. Source: Analyst estimates for the quarter provided by FactSet. Modiv Industrial operates as a pure-play real estate investment trust (REIT) focused on acquiring, owning, and managing industrial manufacturing properties in the United States. It leases facilities to tenants engaged in manufacturing across key domestic supply chains. With 43 properties spanning 15 states and 12 different industries, approximately 80% of annual base rent was generated from its core industrial portfolio as of March 31, 2025, highlighting its commitment to property types tied closely to essential economic infrastructure.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool