NNN REIT, Inc. reports results for the quarter ended June 30 - Earnings Summary
NNN REIT, Inc. reports results for the quarter ended June 30 - Earnings Summary
NNN REIT, Inc. NNN.N reported quarterly adjusted earnings of 52 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 54 cents. The mean expectation of eight analysts for the quarter was for earnings of 51 cents per share. Wall Street expected results to range from 50 cents to 53 cents per share.
Revenue rose 7.7% to $244.27 million from a year ago; analysts expected $240.60 million.
NNN REIT, Inc.'s reported EPS for the quarter was 52 cents.
The company reported quarterly net income of $97.92 million.
NNN REIT, Inc. shares had risen by 1.4% this quarter and gained 19.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.2% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 13 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is "buy."
Wall Street's median 12-month price target for NNN REIT, Inc. is $46.00, about 2.5% below its last closing price of $47.17
This summary was machine generated from LSEG data August 5 at 02:57 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.88 | 0.89 | Beat |
Mar. 31 2026 | 0.86 | 0.86 | Met |
Dec. 31 2025 | 0.85 | 0.87 | Beat |
Sep. 30 2025 | 0.84 |
Recent news on NNN REIT
See all newsBrief: NNN REIT - Enters Equity Distribution Agreement With Multiple Agents On August 6, 2026 - SEC Filing
NNN REIT, Inc. reports results for the quarter ended June 30 - Earnings Summary
NNN REIT beats Q2 revenue estimates, raises 2026 guidance
NNN REIT Inc expected to post earnings of 51 cents a share - Earnings Preview
Brief: Nnn REIT, Inc. Announces $200 Million Incremental Term Loan And Amendment To Term Loan And Credit Facility Pricing