secwatch.observer — SEC 8-K summary
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Issuer:     NNN REIT, INC. (NNN)
CIK:        0000751364
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0000950170-22-000936
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NNN reports record 2021 results; raises 2022 Core FFO guidance to $2.93-$3.00
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- Q4 revenue $187.3M, net earnings $0.37/sh; full-year revenue $726.4M, net earnings $1.51/sh.
- Full-year Core FFO $2.86/sh ($500.1M) up from $2.59/sh; AFFO $3.06/sh up from $2.51/sh.
- Occupancy 99.0% at year-end; weighted avg lease term 10.6 years.
- Annual dividend increased to $2.10/sh, 32nd consecutive annual increase.
- 2022 Core FFO guidance raised to $2.93-$3.00/sh; AFFO guidance $3.01-$3.07/sh.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/751364/000095017022000936/0000950170-22-000936-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/751364/000095017022000936/nnn-20220209.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-000936

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