Add as a preferred source on GoogleRealty Income Q3 Results Due Monday as Analysts Forecast $1.45B in Revenue
The trust’s full-year adjusted FFO per share outlook is $4.44 to $4.45, with same-store rent growth projected at about 1.1% to 1.3%.
Realty Income is scheduled to release its third-quarter results after market close Monday, Nov. 2, with Wall Street analysts forecasting $1.45 billion in revenue and earnings of $0.43 per share.
The real estate investment trust raised its full-year adjusted FFO per share guidance to $4.44 to $4.45. Its outlook also calls for same-store rent growth of about 1.1% to 1.3%, while investment-volume guidance increased to $10 billion.
Some analysts see data centers and the company’s asset-management business as potential growth areas. More cautious analysts point to limited adjusted FFO per share growth and greater sensitivity to higher interest rates than peers.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.