For the quarter ended September 2024, Realty Earnings Corp. (O) reported income of $1.33 billion, up 28.1% over the identical interval final 12 months. EPS got here in at $1.05, in comparison with $0.33 within the year-ago quarter.
The reported income represents a shock of -0.91% over the Zacks Consensus Estimate of $1.34 billion. With the consensus EPS estimate being $1.05, the corporate has not delivered EPS shock.
Whereas traders intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they examine to Wall Avenue expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders undertaking a inventory’s value efficiency extra precisely.
Right here is how Realty Earnings Corp. carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Income- Rental (together with reimbursable): $1.27 billion versus the six-analyst common estimate of $1.27 billion. The reported quantity represents a year-over-year change of +26%.
- Income- Different: $59.76 million in comparison with the $52.36 million common estimate primarily based on 4 analysts. The reported quantity represents a change of +97.6% 12 months over 12 months.
- Web Earnings Per Share (Diluted): $0.30 versus $0.37 estimated by 5 analysts on common.
View all Key Company Metrics for Realty Income Corp. here>>>
Shares of Realty Earnings Corp. have returned -5.1% over the previous month versus the Zacks S&P 500 composite’s +0.4% change. The inventory presently has a Zacks Rank #2 (Purchase), indicating that it may outperform the broader market within the close to time period.
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