Modiv Q4 AFFO $0.40 Down From $0.68 YoY, Sales $12.29M Miss $12.44M Estimate

Modiv (NYSE:MDV) reported quarterly AFFO of $0.40 per share. This is a 41.18 percent decrease over earnings of $0.68 per share from the same period last year. The company reported quarterly sales of $12.29 million which missed the analyst consensus estimate of $12.44 million by 1.22 percent. This is a 14.50 percent decrease over sales of $14.37 million the same period last year.