Realty Income Corp. (O) Matches Q1 FFO Estimates
ORealty Income(O) Zacks Investment Research·2024-05-07 07:06

Realty Income Corp. (O) came out with quarterly funds from operations (FFO) of 1.03pershare,inlinewiththeZacksConsensusEstimate.ThiscomparestoFFOof1.03 per share, in line with the Zacks Consensus Estimate. This compares to FFO of 0.98 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this real estate investment trust would post FFO of 1.02persharewhenitactuallyproducedFFOof1.02 per share when it actually produced FFO of 1.01, delivering a surprise of -0.98%. Over the last four quarters, the company has surpassed consensus FFO estimates two times. Re ...