Excel Trust, Inc. reported consolidated earnings results for the first quarter ended March 31, 2013. Funds from operations were $10.3 million or $0.22 per diluted share compared to FFO of $6.5 million or $0.19 per diluted share a year ago. Adjusted funds from operations were $10.0 million, or $0.21 per diluted share compared to AFFO of $6.4 million, or $0.19 per diluted share a year ago. Net loss attributable to the common stockholders was $2.4 million, or $0.06 per diluted share compared to net loss attributable to the common stockholders of $1.7 million, or $0.06 per diluted share in the three-month period ended March 31, 2012. Total revenues were $27.53 million compared to $19.78 million a year ago. Net operating income was $4.80 million compared to $3.59 million a year ago. EBITDA was $17.48 million compared to $12.39 million a year ago. The company provided earnings guidance for the fiscal year 2013. The company expects AFFO per share for fiscal year 2013 to be between $0.82 and $0.88 and FFO per share to be between $0.78 and $0.84, which excludes transaction costs, leasing commissions and tenant improvement allowances.

The Board of Directors of Excel Trust, Inc. declared a second quarter cash dividend of $0.17 per common share payable on July 15, 2013 to shareholders of record as of June 28, 2013. The Board of Directors has also declared a dividend of $0.4375 per share on the Company's Series A Cumulative Convertible Perpetual Preferred Shares, and a dividend of $0.5078 on its Series B Cumulative Redeemable Preferred Shares. The dividend on Excel Trust's outstanding Series A and Series B Preferred Shares will be payable on July 15, 2013 to the Series A and Series B Preferred shareholders of record as of June 28, 2013.

Excel Trust, Inc. announced that they will report Q1, 2013 results After-Market on May 01, 2013