Realty Income (O) Lifts '24 Investment Guidance, Raises AFFO View

Realty Income's accretive buyouts, backed by a healthy balance sheet, bode well for long-term growth. The solid property acquisitions volume at decent investment spreads has aided the company's performance so far. Further, it has a healthy operating platform. Realty Income's first-quarter 2024 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 gro ...