NNN REIT Q3 2024 FFO $0.84 Beats $0.83 Estimate, Sales $218.564M Beat $215.150M Estimate
Portfolio Pulse from Benzinga Newsdesk
NNN REIT reported Q3 2024 earnings of $0.84 per share, surpassing the analyst estimate of $0.83. The company's sales were $218.564 million, exceeding the expected $215.150 million and marking a 6.55% increase from the previous year.
October 31, 2024 | 12:31 pm
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POSITIVE IMPACT
NNN REIT's Q3 2024 earnings and sales exceeded analyst expectations, with a 1.2% EPS beat and a 1.59% sales beat, indicating strong performance.
NNN REIT's earnings per share and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. The 6.55% year-over-year sales growth further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100