---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-020983"
form_type: "8-K"
ticker: "NNN"
cik: "0000751364"
company_name: "NNN REIT, INC."
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T16:00:13.144180+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NNN Q3 FFO $0.79; raises 2022 Core FFO guidance to $3.11-$3.15

## Summary
- Q3 revenue $193.5M, net earnings $88.4M ($0.50 diluted EPS).
- Core FFO per share $0.79; AFFO per share $0.81 (ex-COVID deferral repayments $0.80).
- Occupancy 99.4%; acquired $223.1M in 52 properties at 6.3% initial yield.
- 2022 Core FFO guidance raised from $3.07-$3.12 to $3.11-$3.15 per share.
- Only $50M drawn on $1.1B line of credit; no material 2023 debt maturities.

## SEC filing metadata
- accession: 0000950170-22-020983
- form_type: 8-K
- ticker: NNN
- cik: 0000751364
- company_name: NNN REIT, INC.
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/751364/000095017022020983/0000950170-22-020983-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/751364/000095017022020983/nnn-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-020983
- JSON: https://secwatch.observer/filing/0000950170-22-020983.json
- Plain text: https://secwatch.observer/filing/0000950170-22-020983.txt

## Key facts
- Earnings Releases
  NNN REIT, INC. updated its the quarter and nine months ended September 30, 2022 guidance (raised).
  - Period: the quarter and nine months ended September 30, 2022
  - Guidance: raised
  - Result: reported results
  source text: On November 2, 2022, National Retail Properties, Inc. issued a press release announcing its results of operations and financial condition for the quarter and nine months ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/751364/000095017022020983/0000950170-22-020983-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.