National Retail Properties Guides FY23 In Line With Estimates - Update

RTTNews | 1007 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 | 643 days ago
Bay Street May Open On Positive Note Again

Bay Street May Open On Positive Note Again

Canadian stocks may open higher on Wednesday amid optimism about an end to the U.S. government shutdown. Firm European stocks and expectations of an interest rate cut by the Federal Reserve next month may also help underpin sentiment.
RTTNews | 2h 23min ago
FTSE 100 Pares Early Gains; SSE Soars 12%

FTSE 100 Pares Early Gains; SSE Soars 12%

After opening marginally higher and moving up a bit subsequently, the U.K. market's FTSE 100 slipped into negative territory on Wednesday, with investors looking for direction and largely refraining from making significant moves.
RTTNews | 3h 41min ago
CAC 40 Extends Gains To 3rd Straight Day, Rises Over 1%

CAC 40 Extends Gains To 3rd Straight Day, Rises Over 1%

French stocks are up in positive territory on Wednesday, extending gains to a third straight session, led by gains in financial and luxury sectors. Expectations of an interest rate cut by the Federal Reserve next month, and hopes that the government shutdown in the U.S. will likely end this week help underpin sentiment.
RTTNews | 4h 39min ago
DAX Climbs To 4-week High On Inflation Data, Earnings

DAX Climbs To 4-week High On Inflation Data, Earnings

Germany's DAX climbed to a four-week high on Wednesday with investors continuing to pick up stocks amid hopes the US government shutdown will come to an end soon, and expectations of an interest rate cut by the Federal Reserve in December.
RTTNews | 5h 5min ago
Yen Falls After Japan PM Takaichi Comments

Yen Falls After Japan PM Takaichi Comments

The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as Japan's Prime Minister Sanae Takaichi signals a looser fiscal target and calls for caution in the Bank of Japan (BoJ) rate hike.
RTTNews | 7h 4min ago