secwatch.observer — SEC 8-K summary
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Issuer:     REALTY INCOME CORP (O)
CIK:        0000726728
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0000726728-24-000114
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Realty Income Q2 AFFO per share rises 6.0% to $1.06; revenue up 31%
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- Net income available to common stockholders $256.8M ($0.29 diluted); revenue $1,339.4M, up 31% YoY.
- AFFO per share $1.06 vs $1.00 in Q2 2023, a 6.0% increase; normalized FFO per share $1.07.
- Invested $805.8M at 7.9% initial cash yield; total portfolio of 15,450 properties at 98.8% occupancy.
- Net debt/Annualized Pro Forma Adjusted EBITDAre at 5.3x; annualized contractual rent $4.85B.
- Subsequent event: ATM forward agreements for 8.3M shares unsettled, expected net proceeds ~$447.8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/726728/000072672824000114/0000726728-24-000114-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/726728/000072672824000114/o-20240805.htm
  HTML page:      https://secwatch.observer/filing/0000726728-24-000114

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