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VEREIT Inc (VER.N)

VER.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Vereit Sees 2018 Adjusted FFO Of $0.70-$0.72 Per Share
Thursday, 22 Feb 2018 06:15am EST 

Feb 22 (Reuters) - Vereit Inc ::VEREIT® ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 OPERATING RESULTS.SEES FY 2018 ADJUSTED FFO PER SHARE $0.70 TO $0.72.Q4 REVENUE $316.6 MILLION VERSUS $327.3 MILLION.FY2018 FFO PER SHARE VIEW $0.71 -- THOMSON REUTERS I/B/E/S.‍FFO PER DILUTED SHARE DECREASED $0.01 TO $0.17 FOR QUARTER ENDED DECEMBER 31, 2017​.QTRLY AFFO EARNINGS PER SHARE $0.18.Q4 FFO PER SHARE VIEW $0.18 -- THOMSON REUTERS I/B/E/S.VEREIT - 2018 AFFO/SHARE ‍GUIDANCE ASSUMES REAL ESTATE OPERATIONS WITH AVERAGE OCCUPANCY ABOVE 98.0%, SAME-STORE RENTAL GROWTH OF 0.3% TO 1.0%​.  Full Article

Vereit to sell Cole Capital to an affiliate of CIM Group
Monday, 13 Nov 2017 04:15pm EST 

Nov 13 (Reuters) - Vereit Inc ::Vereit to sell Cole Capital to an affiliate of CIM Group.Vereit Inc - ‍in connection with transaction, Vereit may receive up to $200 million​.Vereit - deal consideration comprised of $120 million cash paid at closing, up to $80 million in fees to be paid under 6-year services agreement​.Vereit - ‍services agreement will require co to provide operational real estate support to cole capital for about one year​.  Full Article

VEREIT Inc Q3 FFO per share $0.18
Wednesday, 8 Nov 2017 06:05am EST 

Nov 8 (Reuters) - VEREIT Inc :VEREIT announces third quarter 2017 operating results.Q3 adjusted FFO per share $0.19.Q3 FFO per share $0.18.Q3 FFO per share view $0.18 -- Thomson Reuters I/B/E/S.Based on year to date performance, increasing AFFO per share guidance to $0.73 - $0.74 from $0.71 - $0.73 ​.FY2017 FFO per share view $0.70 -- Thomson Reuters I/B/E/S.Now sees 2017 AFFO per diluted share guidance range from $0.73 - $0.74.‍​.Sees 2017 FFO attributable to common stockholders and limited partners per diluted share $0.68 - $0.69‍​.2017 guidance assumes same-store rental growth between 0.0 percent and 0.3 percent.  Full Article

Vereit announces pricing of $600 mln of senior notes
Tuesday, 8 Aug 2017 04:15pm EDT 

Aug 8 (Reuters) - Vereit Inc :Announces pricing of $600 million of senior notes.‍Priced an offering of $600 million aggregate principal amount of 3.950 pct senior notes due 2027 at an issue price of 99.330 pct of par value​.  Full Article

Vereit reports Q2 FFO per share $0.17
Thursday, 3 Aug 2017 06:15am EDT 

Aug 3 (Reuters) - Vereit Inc :Vereit announces second quarter 2017 operating results.Q2 adjusted FFO per share $0.18.Q2 FFO per share $0.17.Says consolidated revenue for quarter ended June 30, 2017 decreased $34.1 million to $336.9 million.Qtrly AFFO $0.18 per diluted share.Decreased debt from $6.3 billion to $6.1 billion in the quarter.‍Narrow AFFO per diluted share guidance range to $0.71 - $0.73 for 2017​.Cole Capital will contribute $0.02 to $0.03 of AFFO per diluted share for 2017​.  Full Article

Vereit Q4 FFO per share $0.05
Thursday, 23 Feb 2017 07:37am EST 

Vereit Inc : Vereit® announces fourth quarter and full year 2016 operating results . Sees FY 2017 adjusted FFO per share $0.70 to $0.73 . Q4 revenue $351.9 million versus $383.4 million . Q4 adjusted FFO per share $0.17 . Q4 FFO per share $0.05 . Fy2017 FFO per share view $0.72 -- Thomson Reuters I/B/E/S . Q4 FFO per share view $0.17 -- Thomson Reuters I/B/E/S . Q4 revenue view $309.5 million -- Thomson Reuters I/B/E/S . Vereit inc - 2017 guidance range also assumes cole capital will contribute $0.02 to $0.03 of affo per diluted share .Vereit inc - 2017 affo guidance assumes dispositions and acquisitions each totaling $450 million to $600 million at an average cash cap rate of 6.5% to 7.5%.  Full Article

Vereit Inc announces upsizing and pricing of public offering
Thursday, 4 Aug 2016 08:55pm EDT 

Vereit Inc : Vereit Inc announces upsizing and pricing of public offering of common stock . Says has priced an underwritten public offering of 60 million shares of common stock, upsized from 50 million shares .Expected gross proceeds from offering of approximately $621 million.  Full Article

Vereit announces public offering of common stock
Thursday, 4 Aug 2016 04:13pm EDT 

Vereit Inc : Vereit, inc. Announces public offering of common stock .Says offering 50.0 million common shares.  Full Article

VEREIT Q2 adjusted FFO per share $0.19
Wednesday, 3 Aug 2016 06:30am EDT 

VEREIT Inc : Q2 FFO per share $0.20 . Qtrly total revenues $371.0 million versus $393.7 million . Q2 net income of $3.2 million and net loss per diluted share of $0.02 . Q2 adjusted FFO per share $0.19 . Q2 FFO per share view $0.19 -- Thomson Reuters I/B/E/S .Q2 revenue view $323.3 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Vereit Reports Q1 FFO Per Share $0.17

* BOARD AUTHORIZED EARLY TERMINATION OF SHARE REPURCHASE PLAN AS OF MAY 3