Realty Income's Q3 AFFO Meets Estimates, Revenues Rise Y/Y
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Realty Income's Q3 2024 results show a year-over-year increase in revenues, with AFFO meeting estimates. However, there was a slight decline in portfolio occupancy.
November 05, 2024 | 5:30 pm
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NEUTRAL IMPACT
Realty Income's Q3 2024 results show a year-over-year increase in revenues, with AFFO meeting estimates. However, there was a slight decline in portfolio occupancy.
The increase in revenues and meeting AFFO estimates are positive indicators for Realty Income. However, the slight decline in portfolio occupancy could be a concern for investors, balancing the overall impact to neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100