STORE Capital Corp
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Real Estate : Equity Real Estate Investment Trusts (REITs) | Mid Cap Blend
Company profile

STORE Capital Corporation is an internally managed net-lease real estate investment trust. The Company is engaged in the acquisition, investment and management of single tenant operational real estate (STORE) properties. As of December 31, 2016, the Company owned a portfolio that consisted of investments in 1,660 property locations operated by 360 customers across 48 states. Its customers operate across a range of industries within the service, retail and manufacturing sectors of the United States economy, with restaurants, early childhood education centers, movie theaters, health clubs and furniture stores. The Company's portfolio includes investments in approximately 1,330 property locations operated by over 300 customers across approximately 50 states. The Company provides real estate financing solutions principally to businesses that own STORE properties and operate within the broad-based service, retail and industrial sectors of the United States economy.

Postmarket

Last Trade
Delayed
$0.00
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$30.86
Day's Change
-0.13 (-0.42%)
Bid
--
Ask
--
B/A Size
--
Day's High
30.96
Day's Low
30.27
Volume
(Light)
Volume:
1,622,428

10-day average volume:
2,246,953
1,622,428

Trade Desk stock rises on strong earnings, outlook

6:16 pm ET August 6, 2020 (MarketWatch)
Print

Trade Desk Inc. (TTD) shares rose in the extended session Thursday after the advertising technology company reported results and forecast an outlook that exceeded Wall Street expectations. Trade Desk shares gained 5% after hours, following a 3.1% decline in the regular session to close at $480.75. The company reported second-quarter net income of $25.1 million, or 52 cents a share, compared with $27.8 million, or 58 cents a share, in the year-ago period. Adjusted earnings were 92 cents a share, compared with 95 cents a share in the year-ago period. Revenue declined to $139.4 million from $159.9 million in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of 17 cents a share on revenue of $135.4 million. "While the advertising industry hit the pause button early in the second quarter due to uncertainty around the COVID-19 pandemic, we saw substantial improvement in ad spend as the quarter progressed," said Jeff Green, Trade Desk chief executive, in a statement. Trade Desk expects third-quarter revenue of $177 million to $181 million, while analysts had forecast on revenue of $158.7 million.

-Wallace Witkowski; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

August 06, 2020 18:16 ET (22:16 GMT)

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