{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-036794","form_type":"8-K","ticker":"NNN","cik":"0000751364","company_name":"NNN REIT, INC.","filed_at":"2023-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.599886+00:00","generated_at":"2026-06-12T15:33:08.323475+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NNN REIT Q2 FFO/share up 3.9% YoY; raises 2023 Core FFO guidance to $3.17-$3.22","bullets":["Q2 Core FFO per share $0.80 vs $0.79 prior year (+1.3%); AFFO per share $0.80.","Revenue $202.6M, net earnings $98.7M ($0.54 diluted EPS).","Invested $181.3M in 36 properties at 7.2% initial cash cap rate; portfolio occupancy 99.4%.","Raised 2023 Core FFO guidance from $3.14-$3.20 to $3.17-$3.22 per share.","Sold 7 properties for $28.2M with $13.9M gains at 5.1% cap rate."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-036794","json":"https://secwatch.observer/filing/0000950170-23-036794.json","markdown":"https://secwatch.observer/filing/0000950170-23-036794.md","text":"https://secwatch.observer/filing/0000950170-23-036794.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/751364/000095017023036794/0000950170-23-036794-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/751364/000095017023036794/nnn-20230802.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T15:33:08.323475+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"33a15712eb53d9a8b5dda49c0a9aa313e335509f","claim":"NNN REIT, INC. reported the quarter and six months ended June 30, 2023 results: revenue $ 202,640, net income $ 98,704, EPS $ 0.54. Guidance raised.","evidence_excerpt":"common stockholders and diluted per share amounts: Quarter Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (dollars in thousands, except per share data) Revenues $ 202,640 $ 190,783 $ 406,748 $ 381,062 Net earnings available to common stockholders $ 98,704 $ 74,171 $ 188,871 $ 155,543 Net earnings per common share $ 0.54 $ 0.42 $ 1.04 $ 0.89 FFO","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/751364/000095017023036794/0000950170-23-036794-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and six months ended June 30, 2023"},{"label":"Revenue","value":"$ 202,640"},{"label":"Net income","value":"$ 98,704"},{"label":"EPS","value":"$ 0.54"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}