NNN REIT Inc expected to post earnings of 49 cents a share - Earnings Preview

NNN REIT

29/10/2024 13:49

* NNN REIT Inc  NNN.N   NNN  is expected to show a rise in
quarterly revenue when it reports  results on October 31 for the
period ending June 30 2024
    * The Orlando Florida-based  company is expected to report a
4.9% increase in revenue to $215.15 million from $205.13 million
a year ago, according to the mean estimate from 11 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 49 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 10
"hold" and 1 "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
$48.50​, above​ its last closing price of $46.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.82        0.82       0.83      Beat    1.3
 Mar. 31 2024  0.82        0.82       0.83      Beat    1.3
 Dec. 31 2023  0.82        0.81       0.85      Beat    4.7​
 Sep. 30 2023  0.80        0.80       0.81      Beat    0.9
 ​​Jun.        0.80        0.80       0.80      Met     0.1
 30 2023                                                
 Jan. 1 0001   0.79        0.79       0.80      Beat    1.3​
 Dec. 31 2022  0.79        0.79       0.80      Beat    1.1
 Sep. 30 2022  0.78        0.78       0.79      Beat    1.6
 This summary was machine generated October 29 at 13:48 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)