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Realty Income ( (O) ) just unveiled an update.
Realty Income Corporation announced impressive third-quarter results for 2024, reflecting solid execution of their strategy and a robust investment environment. They reported net income of $261.8 million and adjusted funds from operations (AFFO) of $915.6 million, along with a notable investment of $740.1 million. The company remains optimistic about future growth, raising its 2024 investment volume guidance to $3.5 billion and increasing AFFO per share guidance, highlighting its commitment to enhancing shareholder value.
For a thorough assessment of O stock, go to TipRanks’ Stock Analysis page.
