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Realty Income Corp.
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- 1
Realty Income Corp., the net-lease real estate investment trust, released its third-quarter earnings, with a snapshot of results carried by Yahoo Finance. Investors are checking the figures for rental revenue, net income and dividend coverage, as the company's monthly payouts make it a closely watched income stock. Details of the full results were not included in the headline available.
- 2Realty Income Beats Q3 FFO and Revenue Estimates●Realty Income Corp. (O) Tops Q3 FFO and Revenue Estimates
Realty Income Corp., the net-lease REIT known for its monthly dividend payments, reported third-quarter results above Wall Street expectations for both funds from operations and revenue, according to Zacks consensus estimates. The net income figure was not flagged as a beat or miss. Investors focused on the retail REIT sector are watching the results closely given ongoing interest rate pressures on dividend-paying property companies.