NewLake Capital Partners’ Q3 Revenue Misses Estimate by $140,000

NewLake Capital Partners, Inc. posted third-quarter revenue of $12.02 million, down 4.7% from a year earlier and $140,000 below estimates, while funds from operations came in at $0.47, matching expectations.

Adjusted funds from operations totaled $10.3 million. Net income attributable to common stockholders was $4.2 million, or $0.20 per share of common stock.