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Jun 30, 2020

Realty Income Q2 2020 Earnings Report

Realty Income's operating results were announced for the second quarter of 2020.

Key Takeaways

Realty Income reported AFFO per share increased 4.9% to $0.86, and collected 86.5% of contractual rent across the total portfolio. Portfolio occupancy was 98.5% with a 101% rent recapture rate on re-leasing activity.

Net income per share was $0.31.

AFFO per share increased 4.9% to $0.86, compared to the quarter ended June 30, 2019.

Collected 86.5% of contractual rent across our total portfolio.

Invested $154.2 million in 32 properties and properties under development or expansion, including $58.2 million in two properties in the U.K.

Total Revenue
$415M
Previous year: $365M
+13.5%
EPS
$0.86
Previous year: $0.82
+4.9%
Gross Profit
$388M
Cash and Equivalents
$35.3M
Total Assets
$19.1B

Realty Income

Realty Income

Realty Income Revenue by Segment

Forward Guidance

Reinstating guidance relating to our acquisition volume, which we currently estimate at $1.25 - $1.75 billion for 2020.

Revenue & Expenses

Visualization of income flow from segment revenue to net income