Realty Income Reports Third-Quarter Growth and Raises 2026 AFFO Guidance
Realty Income (O) reported solid third-quarter financial results, highlighted by a 10.3% year-over-year increase in revenue to $1.62 billion. The company's adjusted funds from operations (AFFO), a critical metric for REITs, rose 3.7% to $1.12 per share. Following these results, management raised its full-year AFFO guidance to a range of $4.45 to $4.46 per share. The company continues to demonstrate stability through a highly diversified tenant base across nearly 100 industries and a consistent occupancy rate above 96%. Realty Income invested $2.6 billion during the quarter at an initial yield of 6.8% and reaffirmed its $10 billion investment target for 2026, supported by strategic expansions such as its private capital joint venture with KKR in Europe.
Topics: AFFO dividend growth earnings report real estate investment trust
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Part of the story CNA Financial Reports Third Quarter 2026 Net Income of $196 Million (16 articles)