secwatch.observer — SEC 8-K summary
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Issuer:     NNN REIT, INC. (NNN)
CIK:        0000751364
Form:       8-K
Filed at:   2021-08-03T23:59:59+00:00
Accession:  0000751364-21-000091
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NNN Q2 FFO $0.70/share; raises 2021 Core FFO guidance to $2.75-$2.80
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- Revenue $179M, net earnings $68.5M ($0.39 diluted EPS).
- FFO $0.70/share; Core FFO $0.70/share; AFFO $0.77/share (ex-deferral repayments $0.72).
- 2021 Core FFO guidance raised from $2.70-$2.75 to $2.75-$2.80 per share.
- Portfolio occupancy 98.3%; acquired 29 properties for $102.9M at 6.7% cash yield.
- Collected ~99% of Q2 2021 rent; had $249.6M cash and no credit line draw.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/751364/000075136421000091/0000751364-21-000091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/751364/000075136421000091/nnn-20210803.htm
  HTML page:      https://secwatch.observer/filing/0000751364-21-000091

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer