American Realty Capital Properties Q3 Loss Widens - Quick Facts

(RTTNews) - American Realty Capital Properties, Inc. (ARCP) reported that its third-quarter net loss attributable to stockholders widened to $59.06 million or $0.32 per share, from a loss of $12.69 million or $0.09 per share, last year. FFO was negative at $19.68 million or $0.09 per share, for the quarter. Adjusted FFO was $46.66 million or $0.21 per share, for the quarter.

On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.17 for the quarter. Analysts' estimates typically exclude special items.

Total revenues rose to $60.88 million, from $18.82 million, last year. Analysts expected revenue of $51.60 million for the quarter. The company updated its 2014 AFFO guidance from $1.13 to $1.19 per share. Analysts expect the company to report profit per share of $1.13 for 2014.