Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · STAG Industrial (STAG)

STAG Industrial Q3 net income per share fell 17.9% to $0.23; Core FFO rose 1.7%

Mixed Impact 3 of 5 earnings Written later

STAG Industrial reported third quarter 2024 results on October 29, 2024. Total revenue rose to $190.7 million and Core FFO per diluted share edged up to $0.60, but net income attributable to common stockholders fell to $41.8 million from $50.0 million, and net income per share dropped to $0.23 from $0.28. Interest expense rose to $28.7 million from $23.8 million, and the mixed results matter to shareholders because the per-share earnings decline is the GAAP measure while Core FFO is a non-GAAP measure the company emphasizes.

Key points

  • Net income attributable to common stockholders was $41.8 million in Q3 2024, versus $50.0 million in Q3 2023.
  • Total revenue was $190.7 million, up from $179.3 million a year earlier.
  • Core FFO per diluted share was $0.60, up from $0.59; nine-month Core FFO per share was $1.79 versus $1.71.
  • The company acquired six buildings for $113.0 million and sold one building for $22.6 million in the quarter.

The filing

CompanySTAG Industrial (STAG)
Form8-K, current report
Filed with the SECOct 29, 2024, 4:07 PM ET
Accession number0001479094-24-000030

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.