NNN REIT Inc expected to post earnings of 48  cents a share - Earnings Preview

NNN REIT

28/07/2023 17:13

* NNN REIT Inc  NNN.N   NNN  is expected to show a rise in
quarterly revenue when it reports  results on August 1
(estimated). 
    * The Orlando Florida-based  company is expected to report 
a
6.2% increase in revenue to $202.575 million from $190.78
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for NNN REIT Inc is for
earnings of 48 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 5
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for NNN REIT
Inc is
$47​, above​ its last closing price of $43.58. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.79        0.79       0.80      Beat    1.3
 Dec. 31 2023  0.79        0.79       0.80      Beat    1.1
 Sep. 30 2022  0.78        0.78       0.79      Beat    1.6​
 Jun. 30 2022  0.77        0.77       0.79      Beat    2.9
 ​​Mar.        0.75        0.75       0.77      Beat    3.2
 31 2022                                                
 Dec. 31 2021  0.73        0.72       0.75      Beat    4.1​
 Sep. 30 2021  0.70        0.70       0.71      Beat    0.9
 Jun. 30 2021  0.68        0.68       0.70      Beat    3
 This summary was machine generated July 28 at 16:13 GMT.  All
figures in US dollars  unless otherwise stated