NNN REIT Beat Consensus Estimates

NNN REIT (NNN) reported earnings of $0.87 per share on revenue of $230.85 million for the first quarter ended March 2025. The consensus earnings estimate was $0.81 per share on revenue of $221.25 million. The company beat consensus estimates by 7.41% while revenue grew 7.17% on a year-over-year basis.

The company said it continues to expect 2025 funds from operations of $3.33 to $3.38 per share. The current consensus FFO estimate is $3.34 per share for the year ending December 31, 2025.

National Retail Properties Inc is a fully integrated real estate investment trust. It acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and primarily held for investment.