VEREIT® to Issue 2020 Annual Report and Host Earnings Conference Call on Wednesday, February 24, 2021

Rhea-AI Summary

VEREIT, Inc. (NYSE: VER) plans to issue its 2020 Annual Report on Form 10-K on February 24, 2021. The report will be followed by an earnings conference call at 1:30 p.m. ET on the same day, accessible via their Investor Relations website. VEREIT manages a $14.6 billion portfolio, including 3,800 properties across 88.9 million square feet, demonstrating its strong position in the single-tenant commercial real estate sector. The company emphasizes the importance of its disclosures under Regulation FD and acknowledges forward-looking statements in its communications.

Positive

• VEREIT has total real estate investments of $14.6 billion.
• The company owns approximately 3,800 properties covering 88.9 million square feet.
• Plans to issue the 2020 Annual Report and host an earnings call demonstrate transparency.

Negative

• Forward-looking statements indicate uncertainties that could affect financial performance.

PHOENIX, Jan. 22, 2021 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER) ("VEREIT" or the "Company") announced that it expects to issue, jointly with its operating partnership, VEREIT Operating Partnership, L.P. (the "Operating Partnership"), its 2020 Annual Report on Form 10-K on Wednesday, February 24, 2021.

The Company will also host an earnings conference call via audio webcast on that same day at 1:30 p.m. Eastern Time to discuss the financial results.

Audio Webcast and Call Details

The live audio webcast will be available, beginning at 1:30 p.m. ET on Wednesday, February 24, 2021, on the Company's Investor Relations website at: http://ir.vereit.com/. The dial-in information is as follows: (844) 746-0748 (domestic) or (412) 317-5274 (international).  Participants should log in 10-15 minutes early.

Approximately one hour following the call, a replay of the webcast will be available at the link above and archived for up to 12 months. A telephone replay of the conference call can also be accessed by dialing (877) 344-7529 (domestic) or (412) 317-0088 (international), passcode 10151852. The telephone replay will be available until March 10, 2021.

About VEREIT

VEREIT is a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S. VEREIT has total real estate investments of $14.6 billion including approximately 3,800 properties and 88.9 million square feet. VEREIT's business model provides equity capital to creditworthy corporations in return for long-term leases on their properties.  VEREIT is a publicly traded Maryland corporation listed on the New York Stock Exchange. VEREIT uses, and intends to continue to use, its Investor Relations website, which can be found at www.VEREIT.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.  Additional information about VEREIT can be found through social media platforms such as Twitter and LinkedIn.

Forward-Looking Statements

Information set forth herein contains forward-looking statements, which reflect VEREIT's and the Operating Partnership's expectations regarding future results, events and plans, including the expectation that VEREIT and the Operating Partnership will file their 2020 Annual Report on Form 10-K and host an earnings conference call on the announced date. Generally, the words "anticipates," "assumes," "believes," "continues," "could," "estimates," "expects," "goals," "intends," "may," "plans," "projects," "seeks," "should," "targets," "will," variations of such words and similar expressions identify forward-looking statements. These forward-looking statements are based on information currently available and involve a number of known and unknown assumptions and risks, uncertainties and other factors, which are difficult to predict and beyond VEREIT's and the Operating Partnership's control, that could cause actual events and plans or could cause VEREIT's and the Operating Partnership's business, financial condition, liquidity and results of operations to differ materially from those expressed or implied in the forward-looking statements.  Further, information regarding historical rent collections should not serve as an indication of future rent collections. These factors include the risks and uncertainties detailed from time to time in VEREIT's and the Operating Partnership's filings with the U.S. Securities and Exchange Commission (the "SEC"), which are available at the SEC's website at www.sec.gov. VEREIT and the Operating Partnership disclaim any obligation to publicly update or revise any forward-looking statements contained in this press release, whether as a result of changes in underlying assumptions or factors, new information, future events or otherwise, except as required by law.

 

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SOURCE VEREIT, Inc.

FAQ

When will VEREIT release its 2020 Annual Report?

VEREIT will issue its 2020 Annual Report on Form 10-K on February 24, 2021.

What time is VEREIT's earnings conference call?

The earnings conference call is scheduled for 1:30 p.m. Eastern Time on February 24, 2021.

How can I access VEREIT's earnings conference call?

The conference call can be accessed via the Investor Relations website at ir.vereit.com.

What is VEREIT's total portfolio value?

VEREIT manages a total real estate investment portfolio valued at $14.6 billion.

How many properties does VEREIT own?

VEREIT owns approximately 3,800 properties.