Realty Income Corporation (O) is Attracting Investor Attention: Here is What You Should Know

Core Viewpoint - Realty Income Corp. has been performing well, with an 8% return over the past month, significantly outperforming the S&P 500 composite's 2.5% change and the Zacks REIT and Equity Trust - Retail industry's 4% gain [2] Earnings Estimates - Realty Income Corp. is expected to post earnings of $1.04 per share for the current quarter, reflecting a year-over-year increase of 4% [5] - The consensus earnings estimate for the current fiscal year is $4.19, indicating a 4.8% increase from the previous year [5] - For the next fiscal year, the consensus estimate is $4.32, which represents a 3.2% increase from the prior year [6] Revenue Growth - The consensus sales estimate for the current quarter is $1.29 billion, showing a year-over-year growth of 27% [10] - For the current fiscal year, the revenue estimate is $5.18 billion, indicating a 27.1% increase, while the next fiscal year's estimate is $5.47 billion, reflecting a 5.5% increase [10] Recent Performance - In the last reported quarter, Realty Income Corp. achieved revenues of $1.26 billion, a year-over-year increase of 33.5%, and an EPS of $0.16 compared to $0.98 a year ago [11] - The company surpassed consensus revenue estimates in all four of the last quarters and exceeded EPS estimates twice [12] Valuation - Realty Income Corp. is graded D in terms of valuation, suggesting it is trading at a premium compared to its peers [17] - The Zacks Rank for Realty Income Corp. is 3 (Hold), indicating it may perform in line with the broader market in the near term [7][18]