Realty Income Reports Q4 Results: Revenue Rise, EPS Decline

Realty Income Corporation sees mixed Q4 results. Net income dips while revenues grow significantly. Investors should note the expected EPS for 2025 reflects a moderate outlook.

Date: 25-02-2025

AI Rating: 5

Net Income and Earnings Per Share (EPS)
Realty Income's net income for the fourth quarter was reported at $199.6 million, translating to $0.23 per share, down from $218.4 million or $0.30 per share from the previous year. This represents a decline in EPS, which is negative for investors who prioritize profitability.

Revenue Growth
The company experienced a notable increase in revenue, reporting $1.340 billion for the quarter, compared to $1.076 billion the previous year. This revenue growth of approximately 24.5% is a positive sign and may aid in attracting investors looking for growth potential.

Adjusted Funds From Operations (AFFO)
Adjusted Funds from Operations per share increased by 4.0% to $1.05 per share, slightly exceeding last year’s value of $1.01. This uptick in AFFO is a positive indicator and reflects better operational efficiency.

Future Outlook
Looking ahead, Realty Income anticipates earnings per share of between $1.52 to $1.58 for the full year 2025, alongside AFFO per share expected to range from $4.22 to $4.28. This guidance suggests a growth expectation, albeit modest, which can support investor confidence going forward.

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