{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-057141","form_type":"8-K","ticker":"NNN","cik":"0000751364","company_name":"NNN REIT, INC.","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.949094+00:00","generated_at":"2026-06-09T03:33:46.149585+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"NNN REIT Q3 FFO per share $0.81 (+2.5% YoY); raises 2023 Core FFO guidance to $3.19-$3.23","bullets":["Revenue $205.1M (+6.0% YoY); net earnings $106.8M ($0.59 per share).","Core FFO $0.81 per share; AFFO $0.82 per share (+1.2% YoY).","Acquired 46 properties for $212.5M at 7.4% cash cap rate; sold 13 for $49.0M at 6.0% cap rate.","Occupancy 99.2% with 10.1-year weighted average lease term; issued $500M 5.600% notes due 2033.","2023 Core FFO guidance raised to $3.19-$3.23 per share; AFFO forecast $3.22-$3.26."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-057141","json":"https://secwatch.observer/filing/0000950170-23-057141.json","markdown":"https://secwatch.observer/filing/0000950170-23-057141.md","text":"https://secwatch.observer/filing/0000950170-23-057141.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/751364/000095017023057141/0000950170-23-057141-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/751364/000095017023057141/nnn-20231101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T03:33:46.149585+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":"34b854a9d390f36771261223f36562aa185c30be","claim":"NNN REIT, INC. reported the quarter and nine months ended September 30, 2023 results: revenue $205,132, net income $106,787, EPS $0.59. Guidance raised.","evidence_excerpt":"and diluted per share amounts: Quarter Ended September 30, Nine Months Ended September 30, 2023 2022 2023 2022 (dollars in thousands, except per share data) Revenues $ 205,132 $ 193,471 $ 611,880 $ 574,533 Net earnings available to common stockholders $ 106,787 $ 88,421 $ 295,658 $ 243,964 Net earnings per common share $ 0.59 $ 0.50 $ 1.63 $ 1.38 FFO","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/751364/000095017023057141/0000950170-23-057141-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and nine months ended September 30, 2023"},{"label":"Revenue","value":"$205,132"},{"label":"Net income","value":"$106,787"},{"label":"EPS","value":"$0.59"},{"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"}