Realty Income Reports Strong Q3 2026 Results and Raises Annual AFFO Guidance
Realty Income Corporation (NYSE: O) reported robust financial results for the third quarter of 2026, highlighted by a 3.7% year-over-year increase in Adjusted Funds from Operations (AFFO) per share to $1.12. The company's net income available to common stockholders rose significantly to $403.9 million compared to $315.8 million in the same period last year, driven by increased total revenue of $1.62 billion. Following these results, CEO Sumit Roy raised the 2026 AFFO per share guidance to a range of $4.45–$4.46. The company also demonstrated strategic global expansion through a new joint venture with KKR in Europe and maintained its $10.0 billion annual investment target. With equity needs fully prefunded for the remainder of the year, Realty Income remains positioned to navigate market volatility while maintaining its consistent dividend growth track record.
Topics: AFFO Capital Allocation Guidance Update Joint Venture Net Income
Read the full article at PR Newswire
Part of the story Cloudflare Shares Surge Following Strong Q3 Results and Raised Full-Year Guidance (85 articles)