Realty Income: Still A Reason To Be Bullish

Things are looking good Fundamentally speaking, things are going really well for Realty Income and its investors. Revenue in the first quarter of the 2024 fiscal year, for instance, came in at $1.26 billion. That's 33.5% higher than the $944.4 million reported one year earlier. A small portion of this growth came from same store rental revenue growth that was driven by rent escalators that the company has, as well as by new lease contracts being signed by customers. Foreign currency fluctuations also helped ...