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Realty Income Corp. (O) Misses Q4 FFO and Revenue Estimates
ORealty Income(O) ZACKS·2025-02-24 23:21

Core Viewpoint - Realty Income Corp. reported quarterly funds from operations (FFO) of 1.05pershare,slightlymissingtheZacksConsensusEstimateof1.05 per share, slightly missing the Zacks Consensus Estimate of 1.06 per share, but showing an increase from 1.01pershareayearago[1][2]FinancialPerformance−Thecompanypostedrevenuesof1.01 per share a year ago [1][2] Financial Performance - The company posted revenues of 1.34 billion for the quarter ended December 2024, which was below the Zacks Consensus Estimate by 0.91%, compared to 1.08billioninthesamequarterlastyear[2]−Overthelastfourquarters,RealtyIncomeCorp.hassurpassedconsensusFFOestimatesonlyonce[2]StockPerformance−RealtyIncomeCorp.shareshaveincreasedapproximately6.91.08 billion in the same quarter last year [2] - Over the last four quarters, Realty Income Corp. has surpassed consensus FFO estimates only once [2] Stock Performance - Realty Income Corp. shares have increased approximately 6.9% since the beginning of the year, outperforming the S&P 500's gain of 2.2% [3] Future Outlook - The sustainability of the stock's price movement will largely depend on management's commentary during the earnings call and the company's FFO outlook for upcoming quarters [3][4] - The current consensus FFO estimate for the next quarter is 1.07 on revenues of 1.38billion,andforthecurrentfiscalyear,itis1.38 billion, and for the current fiscal year, it is 4.32 on revenues of $5.58 billion [7] Industry Context - The REIT and Equity Trust - Retail industry is currently ranked in the bottom 45% of over 250 Zacks industries, indicating potential challenges ahead [8]