NNN REIT Inc reports results for the quarter ended in June - Earnings Summary

NNN REIT

02/08/2023 14:31

* NNN REIT Inc  NNN.N  reported quarterly adjusted earnings
of 54
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
48 cents per share.
    * Revenue rose 6.2% to $202.64 million from a year ago;
analysts
expected $202.58 million. 
    * NNN REIT Inc's reported EPS for the quarter was 54 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * NNN REIT Inc shares had fallen by 0.8% this quarter and
lost 7.3% so far this year.
    * The company reported quarterly net income of $98.7
million.
    * Wall Street's median 12-month price target for NNN REIT
Inc is
$47.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.80           0.80           Met
 Mar. 31 2023      0.79           0.80           Beat
 Dec. 31 2022      0.79           0.80           Beat
 Sep. 30 2022      0.78           0.79           Beat