National Retail Properties (NNN) Misses Q4 EPS by 4c, Revenues Beat

National Retail Properties (NYSE: NNN) reported Q4 EPS of $0.33, $0.04 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $163.28 million versus the consensus estimate of $162.65 million.

Jay Whitehurst, Chief Executive Officer, commented: "National Retail Properties posted solid fourth quarter results, with continued high occupancy, strong rent collections and renewed acquisition volume, all bolstered by a fortress-like balance sheet. The value of our consistent, long-term focus was never more apparent than in 2020, as our team of experienced associates addressed the challenges and opportunities of the COVID-19 pandemic and related economic turmoil. This long-term approach to all aspects of our business and our culture positions us well to continue creating shareholder value in the years ahead."

For earnings history and earnings-related data on National Retail Properties (NNN) click here.

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