Realty Income (O) Lifts '24 Investment Guidance, Raises AFFO View
ORealty Income(O) ZACKS·2024-06-05 22:35

Realty Income (O) has announced an increase in its 2024 earnings and investment guidance. The retail REIT now projects its 2024 adjusted funds from operations (AFFO) in the range of 4.154.15-4.21 per share compared with the prior guidance range of 4.134.13-4.21 per share. Realty Income also expects its 2024 investment volume to reach 3billion,upfrom3 billion, up from 2 billion guided earlier. Per management, these raises reflect the company’s confidence in its business outlook as it nears the midpoint of the year. Specifica ...