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Realty Income Beats Q3 FFO and Revenue Estimates
Original: 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.
Why now: The company's better-than-expected quarterly earnings report is fresh news for income-focused investors
Evidence
- Realty Income Corp. (O) Tops Q3 FFO and Revenue Estimates · Yahoo Finance
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