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More on Realty Income (O) Q2 earnings: AFFO per share of $0.59 up 18% Y/Y. FY13 guidance of...

More on Realty Income (O) Q2 earnings: AFFO per share of $0.59 up 18% Y/Y. FY13 guidance of $2.35-$2.41, up 14-17% from 2012. Same store rents up 1.1% to $109.9M. Portfolio occupancy of 98.2% up from 97.3%. Invested $738.1M in 190 new properties with weighted-average lease term of 14 years and initial lease yield of 6.8%; about 70% are investment-grade tenants. FY13 acquisitions guidance of 1.25B, up from $1B. 17 properties sold for $23.7M, with gain on sale of $5.7M. Acquisition of ARCT has been immediately accretive to rental revenue. (PR)
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