8-K
filed February 20, 2024, 6:59 PM ET
ticker O
CIK 0000726728
earnings
confidence high
sentiment positive
materiality 0.70
Realty Income Q4 AFFO $1.01/share; 2024 guidance 3.3-5.3% AFFO/share growth; Spirit merger closed
REALTY INCOME CORP
2023-FY EPS reported
$1.26
revenue$4,078,993,000
- Q4 net income $218.4M ($0.30/share); FY net income $872.3M ($1.26/share). AFFO Q4 $731.0M ($1.01/share), FY $2.77B ($4.00/share).
- FY2023 invested $9.5B at 7.1% initial cash yield; Q4 $2.7B at 7.6%. Included €527M Decathlon sale-leaseback in Europe.
- Completed Spirit Realty merger on Jan 23, 2024 in all-stock transaction.
- 2024 AFFO per share growth guidance 3.3% to 5.3%. ATM forward equity of ~$605M unsettled as of Feb 20, 2024.
- Portfolio occupancy 98.6%, WALT 9.8 years, 13,458 properties across 1,326 clients.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
REALTY INCOME CORP reported three months ended December 31, 2023 results: revenue Total revenue $ 1,076.3, net income Net income available to common stockholders (1) $ 218.4, EPS Net income per share $ 0.30.
- Period
- three months ended December 31, 2023
- Revenue
- Total revenue $ 1,076.3
- Net income
- Net income available to common stockholders (1) $ 218.4
- EPS
- Net income per share $ 0.30
- Result
- reported results
Exact text from the filing
Net income available to common stockholders was $218.4 million, or $0.30 per share
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
REALTY INCOME CORP reported three months ended December 31, 2023 results: revenue Total revenue $ 1,076.3, net income Net income available to common stockholders (1) $ 218.4, EPS Net income per share $ 0.30.
- Period
- three months ended December 31, 2023
- Revenue
- Total revenue $ 1,076.3
- Net income
- Net income available to common stockholders (1) $ 218.4
- EPS
- Net income per share $ 0.30
- Result
- reported results
Exact text from the filing
Total revenue $ 1,076.3 $ 888.7 $ 4,079.0 $ 3,343.7 Net income available to common stockholders (1) $ 218.4 $ 227.3 $ 872.3 $ 869.4 Net income per share $ 0.30 $ 0.36 $ 1.26 $ 1.42
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
REALTY INCOME CORP reported year ended December 31, 2023 results: revenue Total revenue $ 4,079.0, net income Net income available to common stockholders (1) $ 872.3, EPS Net income per share $ 1.26.
- Period
- year ended December 31, 2023
- Revenue
- Total revenue $ 4,079.0
- Net income
- Net income available to common stockholders (1) $ 872.3
- EPS
- Net income per share $ 1.26
- Result
- reported results
Exact text from the filing
Net income available to common stockholders was $872.3 million, or $1.26 per share
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
REALTY INCOME CORP reported year ended December 31, 2023 results: revenue Total revenue $ 4,079.0, net income Net income available to common stockholders (1) $ 872.3, EPS Net income per share $ 1.26.
- Period
- year ended December 31, 2023
- Revenue
- Total revenue $ 4,079.0
- Net income
- Net income available to common stockholders (1) $ 872.3
- EPS
- Net income per share $ 1.26
- Result
- reported results
Exact text from the filing
Total revenue $ 1,076.3 $ 888.7 $ 4,079.0 $ 3,343.7 Net income available to common stockholders (1) $ 218.4 $ 227.3 $ 872.3 $ 869.4 Net income per share $ 0.30 $ 0.36 $ 1.26 $ 1.42
View on SEC.gov
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