NNN Earnings Reports

NNN REIT, Inc. achieved a slight increase in revenue and net income for Q4 2024, driven by stable rental income and strategic property acquisitions. The company maintained high occupancy levels and continued its streak of annual dividend increases. However, earnings per share saw a slight decline due to operational costs.

NNN REIT reported a 3.7% increase in FFO and Core FFO per share compared to the prior year. The company maintained high occupancy levels at 99.3% and invested $113.6 million in property acquisitions.

NNN REIT reported an increase in FFO and Core FFO per share by 3.8% and AFFO per share by 5.0% compared to the prior year. The company maintained high occupancy levels at 99.3% and invested $110.5 million in property acquisitions.

NNN REIT reported increased revenues and net earnings for Q1 2024, with FFO and Core FFO per share increasing by 3.8% and AFFO per share increasing by 2.4%. The company maintained high occupancy levels at 99.4% and invested $124.5 million in property acquisitions.

NNN REIT reported revenues of $216.23 million and net earnings available to common stockholders of $96.68 million for the quarter ended December 31, 2023. The company maintained high occupancy levels at 99.5% and made property investments of $269.7 million.

NNN REIT reported revenues of $205.13 million and net earnings available to common stockholders of $106.79 million for the third quarter of 2023. The company maintained high occupancy levels at 99.2% and invested $212.5 million in property acquisitions. Core FFO guidance for 2023 was increased to a range of $3.19 to $3.23 per share.

NNN REIT reported a solid quarter with increased FFO per share by 3.9% and Core FFO per share by 1.3%. The company invested $181.3 million in real estate, including 36 properties, and increased Core FFO guidance for 2023.

NNN REIT had a solid start to 2023 with property acquisitions of $155 million at a 7% initial cap rate. The company maintained high occupancy levels and achieved 3.9% Core FFO growth.