Realty Income Announces Operating Results For First Quarter 2020

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Go back to Realty Income Announces Operating Results For First Quarter 2020

Realty Income (O) Misses Q1 EPS by 1c, Revenues Beat

May 4, 2020 4:26 PM EDT

Realty Income (NYSE: O) reported Q1 EPS of $0.44, $0.01 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $414.3 million versus the consensus estimate of $409.74 million.

For the quarter ended March 31, 2020:

Net income per share was $0.44AFFO per share increased 7.3% to $0.88, compared to the quarter ended March 31, 2019Invested $486.0 million in 65 properties and properties under development or expansion, including $165.6 million in four properties in the U.K.Raised $752.4 million from the sale of common stockCompleted the early redemption on all $250.0 million in principal amount of the... More