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Modiv Industrial Announces Fourth Quarter and Full Year 2024 Results

1. Modiv Industrial reports full-year net income of $2.3 million for 2024. 2. The focus on industrial manufacturing real estate positions MDV uniquely.

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$15.5503/04 06:21 AM EDTEvent Start

$15.5703/05 12:58 PM EDTLatest Updated
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FAQ

Why Bullish?

MDV's net income reflects a strong performance in a specialized market, echoing similar REITs that saw price increases after reporting profits. Considering these trends, MDV could experience upward price momentum.

How important is it?

The earnings report is essential as it validates MDV's operational efficiency and market position, suggesting continued profitability and attracting investor interest.

Why Short Term?

The positive net income report is likely to generate immediate investor interest, akin to past quarterly reports from REITs leading to price spikes within weeks.

Related Companies

DENVER--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial”, “Modiv”, the “Company”, “we” or “our”), (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate, today announced operating results for the fourth quarter and full year ended December 31, 2024. Highlights: Full year 2024 net income attributable to common stockholders of $2.3 million, or $0.25 per diluted share. Fourth quarter 2024 net income attributable to common stockholders of $.

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