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NNNBullishEarningsnews
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Here's What Key Metrics Tell Us About NNN REIT (NNN) Q1 Earnings

May 1, 2024, 10:24 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- NNN REIT reported revenue of $214.83 million, up 5.5% year-over-year, with EPS of $0.84. - Revenue and EPS surpassed Zacks Consensus Estimates by 0.75% and 1.20% respectively. - Key metrics like rental income, interest income, and EPS showed positive growth. - NNN REIT has a Zacks Rank #2 (Buy) and outperformed the S&P 500. Price Impact Rating: Bullish Impact Horizon Rating: Short-term Type: Earnings

  • NNN REIT reported revenue of $214.83 million, up 5.5% year-over-year, with EPS of $0.84.
  • Revenue and EPS surpassed Zacks Consensus Estimates by 0.75% and 1.20% respectively.
  • Key metrics like rental income, interest income, and EPS showed positive growth.
  • NNN REIT has a Zacks Rank #2 (Buy) and outperformed the S&P 500.

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