Realty Income focused on making international acquisitions during the first quarter.Diversification has been a key focus of Realty Income (O -0.78%) in recent years. The real estate investment trust (REIT) has been broadening its portfolio beyond its core retail focus to include industrial, gaming, data centers, and other properties. It has also expanded its geographic reach beyond the U.S. by moving deeper into Europe. That diversification strategy is paying dividends. It enables the REIT to find compellin ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024, or ☐ Transition report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number 1-13374 REALTY INCOME CORPORATION (Exact name of registrant as specified in its charter) Maryland 33-0580106 (State or Other Jurisdiction of Incorporation or Or ...

Realty Income Corporation’s (O) first-quarter 2024 adjusted funds from operations (AFFO) per share of $1.03 was in line with the Zacks Consensus Estimate. The reported figure also compared favorably with the prior-year quarter’s 93 cents per share.Results display better-than-anticipated top-line growth. The company benefited from expansionary effects and a healthy pipeline of opportunities globally. Although the portfolio occupancy remained stable sequentially, it declined year over year, affecting the resu ...

Realty Income Corp. (O) came out with quarterly funds from operations (FFO) of $1.03 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.98 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this real estate investment trust would post FFO of $1.02 per share when it actually produced FFO of $1.01, delivering a surprise of -0.98%.Over the last four quarters, the company has surpassed consensus FFO estimates two times.Realt ...

Realty Income Corp. (O) reported $1.26 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 33.5%. EPS of $1.03 for the same period compares to $0.34 a year ago.The reported revenue represents a surprise of +5.80% over the Zacks Consensus Estimate of $1.19 billion. With the consensus EPS estimate being $1.03, the company has not delivered EPS surprise.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expecta ...

Exhibit 99.1 REALTY INCOME ANNOUNCES OPERATING RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2024 SAN DIEGO, CALIFORNIA, May 6, 2024....Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company , today announced operating results for the three months ended March 31, 2024. All per share amounts presented in this press release are on a diluted per common share basis unless stated otherwise. ® "I am pleased with our first quarter results, as we continue to strengthen our role as real esta ...

Realty Income's shares remain down materially from pre-pandemic levels, so there's time to buy this industry giant.Shares of Realty Income (O 0.64%) trade down around 33% from their pre-pandemic highs in early 2020. But nothing material has changed about the business, or at least not in a permanently negative way. If you are trying to find a reliable dividend stock, there is still time to grab Realty Income and its historically attractive 5.7% yield. Here's why you should do that now and not risk being late ...

Two supercharged monthly dividend stocks -- with an average yield of 8.29% -- are ripe for the picking by opportunistic investors.One of the best things about investing on Wall Street is there's a strategy that can satisfy everyone. With thousands of publicly traded companies and exchange-traded funds (ETFs) to choose from, pathways exist for investors of varying risk tolerances to grow their wealth over time.But among these seemingly countless plans of action, buying and holding high-quality dividend stock ...

Realty Income Corp. (O) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this real estate investment trust have returned +1.3%, compared to the Zacks S&P 500 composite's -4.1% change. During this period, the Zacks REIT and Equity Trust - Retail industry, which Realty Income Corp. falls in, has lost 9.7%. The key question now is: What c ...

PM Images Written by Nick Ackerman. With real estate/real estate investment trusts ("REITS") now being pushed back into deeper sale territory—I don't think we can say they ever really got out of the sale territory they've been in the last couple of years—this continues to be an area where I look to accumulate larger positions. Given the fact that rate cuts are now appear to be in jeopardy for 2024 and the Fed's latest projections are even showing fewer expected cuts for 2025, the sale here probably coul ...