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

NNN REIT

05/02/2024 14:50

* NNN REIT Inc  NNN.N   NNN  is expected to show a rise in
quarterly revenue when it reports  results on February 7
(estimated) for the period ending December 31 2023
    * The Orlando Florida-based  company is expected to report a
4.2% increase in revenue to $206.858 million from $198.52
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data. (Revenue Majority Basis is on
Total Revenue/ Rental income basis)
    * ​LSEG'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 "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 8
"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
$43.00​, above​ its last closing price of $40.80. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.80        0.80       0.81      Beat    0.9
 Jun. 30 2023  0.80        0.80       0.80      Met     0.1
 Mar. 31 2023  0.79        0.79       0.80      Beat    1.3​
 Dec. 31 2022  0.79        0.79       0.80      Beat    1.1
 ​​Sep.        0.78        0.78       0.79      Beat    1.6
 30 2022                                                
 Jun. 30 2022  0.77        0.77       0.79      Beat    2.9​
 Mar. 31 2022  0.75        0.75       0.77      Beat    3.2
 Dec. 31 2021  0.73        0.72       0.75      Beat    4.1
 This summary was machine generated February 5 at 14:50 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)