# ui elinedesignservices I Believe We Have A Common Goal Introduction We live in a world of uncertainty, where change is the only constant, bad news may hide around every corner, and the job market will reshape in the upcoming years with the overwhelming domination of new jobs that don't even exist yet (interesting perspective captured within an old report - do you think they were onto something?). It doesn't matter whether you have a fulfilling career (if you do - well done!) - I can bet that each position ...

Core Viewpoint - Realty Income reported mixed results for Q2 2024, showcasing strong revenue growth but earnings per share (EPS) falling short of analyst expectations [2][3]. Financial Performance - Revenue for Q2 2024 reached $1.34 billion, exceeding analyst estimates of $1.22 billion, representing a year-over-year increase of 31.4% [3][7]. - EPS was reported at $0.29, missing the expected $0.36, with no change year-over-year [3][7]. - Funds from operations (FFO) grew by 35% to $929 million, while adjusted funds from operations (AFFO) surged by 37% to $921.1 million [3][7]. Dividend and Occupancy - The company increased its dividend by 1.6% year-over-year to $0.777 per share, marking 107 consecutive quarterly increases [6][12]. - Portfolio occupancy improved to 98.8%, up from 98.6% in Q1 2024, though slightly down from 99% in Q2 2023 [8]. Strategic Focus - Realty Income achieved a rent recapture rate of 105.7% and focused on maintaining a strong, diversified real estate portfolio [5][9]. - The company invested $805.8 million in strategic acquisitions at an average cash yield of 7.9%, enhancing its portfolio in the U.S. and Europe [9][10]. Client and Credit Quality - Approximately 39.6% of annualized rental revenue comes from investment-grade clients, indicating strong tenant quality [9]. - However, specific tenants like Rite Aid and Red Lobster present potential credit risks [9]. Future Outlook - Management lowered its full-year 2024 earnings guidance, now expecting net income per share between $1.21 and $1.30 [11]. - The company maintained its per-share FFO and AFFO estimates, with expected AFFO per share ranging from $4.15 to $4.21 for the year [12].

Exhibit 99.1 REALTY INCOME ANNOUNCES OPERATING RESULTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2024 SAN DIEGO, CALIFORNIA, August 5, 2024....Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company , today announced operating results for the three and six months ended June 30, 2024. All per share amounts presented in this press release are on a diluted per common share basis unless stated otherwise. ® COMPANY HIGHLIGHTS: For the three months ended June 30, 2024: • Net income avai ...

Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock. Analysts forecast 'Revenue- Other' to reach $51.66 million. The estimate points to a change of +116% from the year-ago quarte ...

Realty Income Corp. (O) closed at $58.37 in the latest trading session, marking a +0.27% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 0.5%. Meanwhile, the Dow experienced a rise of 0.5%, and the technology-dominated Nasdaq saw a decrease of 1.28%. The real estate investment trust's stock has climbed by 11.17% in the past month, exceeding the Finance sector's loss of 2.09% and the S&P 500's gain of 0.1%. Market participants will be closely following the financ ...

Over the past five years, Realty Income (O 0.24%) has seen its shares struggle, down over 13% during that stretch. However, after dividends, the stock's total returns would be in positive territory. Nonetheless, the stock's performance still has to be considered disappointing given the approximately 80% gain in the S&P 500 index over the same period. Current struggles More recently, though, the company has been getting into other areas. It added more industrial properties through its acquisition of Spirit R ...

WendellandCarolyn 2) BNL fairly valued for low growth scenario While the NAV is not the only thing you should use in making a decision, it is certainly one important guide post. Our buy rating incorporated that information in. At the time BNL was trading at a 22% discount to consensus NAV while Realty Income was at a 7% discount. Consensus NAV for BNL is at $18.40. The lowest estimate on the street is $16.81. So we are now within striking distance of fair value at the least. BNL on Tuesday said as of July 2 ...

Realty Income is the industry giant and Agree Realty is a budding upstart. Which one you'll want to own depends on your investment goals. Realty Income is the name to beat in net lease The REIT's market cap is a huge $50 billion, which is over 3 times larger than its next-closest peer. It is the 800- pound gorilla in the net-lease REIT niche. But it isn't just big, it is also very well run. Realty Income has an investment-grade balance sheet and a 30-year history of annual dividend increases. This is a very ...

A solid base return The REIT's dividend currently yields 5.5%, several times higher than the S&P 500's 1.3%. That high payout provides investors with a very solid base return. To top it all off, it's one of only eight REITs in the S&P 500 with two investment-grade bond ratings of A3/Aor better. The company's fortresslike financial position helps protect it during market downturns. Its beta is 0.5, implying it's half as volatile as the broader market. It also has an excellent record of growing during more-ch ...

The short answer is no. But it will generate growing dividend payouts that you could use for a host of purposes. Realty Income (O 1.24%) is one of the largest net lease real estate investment trusts (REITs) you can buy. It is not an exciting stock, but it is a reliable one, with 30 years of annual dividend increases under its belt. It probably won't make you a millionaire all on its own, even if you invest $100,000 into its shares. But don't pass by this stock without considering what it can do for your por ...