National Retail Properties Guides FY23 In Line With Estimates - Update

RTTNews | 1008 days ago
National Retail Properties Guides FY23 In Line With Estimates - Update

(RTTNews) - While reporting financial results for the fourth quarter on Thursday, real estate investment trust National Retail Properties, Inc. (NNN) initiated its Core FFO, AFFO and net earnings guidance for the full-year 2023.

For fiscal 2023, the company now projects core FFO in a range of $3.14 to $3.20 per share, AFFO in a range of $3.19 to $3.25 per share and net earnings in a range of $1.87 to $1.93 per share, plus $1.27 per share of expected real estate depreciation and amortization and excludes any gains from the sale of real estate, charges for impairments and executive retirement costs.

On average, six analysts polled by Thomson Reuters expect the company to report earnings of $1.92 per share for the year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
National Retail Properties Q4 Results Top Estimates; Guides FY24 In Line

National Retail Properties Q4 Results Top Estimates; Guides FY24 In Line

Real estate investment trust National Retail Properties, Inc. (NNN) reported Thursday that net earnings available to common stockholders for the fourth quarter grew to $96.68 million or $0.53 per share from $90.66 million or $0.50 per share in the prior-year quarter.
RTTNews | 644 days ago
TSX Tumbles 2%; Technology, Financials Stocks Down Sharply

TSX Tumbles 2%; Technology, Financials Stocks Down Sharply

The Canadian market is down sharply Thursday afternoon, weighed down by a sell-off in tech stocks amid concerns about high valuations. Shares from healthcare, utilities and financials sectors are the other major losers.
RTTNews | 1h 17min ago
Swiss Market Ends Weak

Swiss Market Ends Weak

The Switzerland market ended on a weak note on Thursday as stocks failed to hold early gains and drifted lower with investors taking some profits, cashing in recent gains.
RTTNews | 1h 54min ago
European Stocks Retreat After Positive Start, Close Broadly Lower

European Stocks Retreat After Positive Start, Close Broadly Lower

European stocks closed lower on Thursday as investors chose to take some profits after recent gains, following the signing of a funding bill by U.S. President Donald Trump paving the way for the end of the government shutdown in the world's largest economy.
RTTNews | 2h 23min ago
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note on Thursday, tracking earnings updates, and commodity prices. The end to the U.S. government shutdown following President Donald Trump signing a short term bill is likely to aid sentiment.
RTTNews | 6h 56min ago
Disney Q4 Profit Beats Street, Revenues Miss; Sees Adj. EPS Growth, Plans $7 Bln Buyback; Stock Down

Disney Q4 Profit Beats Street, Revenues Miss; Sees Adj. EPS Growth, Plans $7 Bln Buyback; Stock Down

Shares of Walt Disney Co. were losing around 4 percent in the pre-market activity on Thursday after the media and entertainment major reported nearly flat revenues in its fourth quarter below market estimates, even though profit beat the Street. Further, the firm said it expects double digit year-over-year growth in adjusted earnings per share for fiscal 2026 and 2027, and targets doubling share
RTTNews | 7h 35min ago