Realty Income Corp reports results for the quarter ended December 31 - Earnings Summary

Realty Income

24/02/2025 22:01

* Realty Income Corp  O.N  reported quarterly adjusted
earnings of
23 cents​​ per share for the quarter ended December 31, lower
than the same quarter last year, when the company reported EPS
of 30 cents.  The mean expectation of ten analysts for the
quarter was for earnings of 38 cents per share. Wall Street
expected results to range from 32 cents to 51 cents per share.
    * Revenue rose 24.5% to $1.34 billion from a year ago;
analysts
expected $1.29 billion. 
    * Realty Income Corp's reported EPS for the quarter was 23
cents​.
    * The company reported quarterly net income of $199.61
million.
    * Realty Income Corp shares had risen by 6.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 17
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
reits
peer group is also "hold"

Wall Street's median 12-month price target for Realty Income
Corp is $61.25 
This summary was machine generated from LSEG data February 24 at
10:01 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
 Dec. 31 2024      1.07           1.02           Missed
 Sep. 30 2024      1.07           0.99           Missed
 Jun. 30 2024      1.05           1.07           Beat
 Mar. 31 2024      1.04           1.05           Beat