Realty Income Revises FY22 Outlook

(RTTNews) - While reporting its results for the third quarter on Wednesday, Realty Income Corp. (O) revised its outlook for the full year 2022.

The company now expects net income per share of $1.07 to $1.15, normalized FFO per share of $3.99 to $4.07 and AFFO per share of $3.87 to $3.94.

Previously, the company had expected net income per share of $1.14 to $1.27, normalized FFO per share of $3.92 to $4.05 and AFFO per share of $3.84 to $3.97.

Analysts polled by Thomson Reuters currently estimate earnings of $1.33 per share and revenues of $3.26 billion.

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