Consensus is for FY24 FFO $4.20. Reaffirms FY24 Same store rent growth view 1.0%; Occupancy over 98%. Sumit Roy, Realty Income’s (O) President and CEO, said, “Supported by improvements in the investment environment and solid operating results, we see a robust pipeline of opportunities. As a result, we’re pleased to increase our 2024 investment volume guidance to approximately $3.5B and raise the low-end of our AFFO per share guidance to a range of $4.17-$4.21 per share, reflecting a 4.8% growth at the mid-point of the range. Looking ahead, Realty Income is pursuing a wide range of growth opportunities, including capital diversification initiatives to further enhance the reach and scale of our proven platform.”
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