NETSTREIT's Recent Profitability and Future Prospects: A Closer Look at Margins and Valuation

NETSTREIT (NTST) reported a 30% annual decline in earnings over the past five years but recently shifted into profitability. Earnings are forecast to accelerate at a 38.7% annual rate, outpacing expected revenue growth of 9.4%. However, a one-off $21.7 million loss and concerns over acquisition risks and tenant concentration may impact the company's valuation, which is higher than its peer group.