National Retail Properties 2014 guidance inline with Street


Recurring FFO per share of $0.49 is up 14% from a year ago. Quarterly dividend is $0.41 per share.

Rental and earned income of $96.6M up 18% from a year ago. Operating expenses of $37.8M up 15%.

Portfolio occupancy of 98.1% is up 20 basis points from a year ago.

Q3 investments of 35 properties for $90M and sales of 22 properties for $36M (produced pre-tax gains of $811K).

FY2013 AFFO guidance is $1.96-$1.98 per share. FY2014 AFFO guidance of $2.00-$2.05 per share is inline with the Street at $2.03.

CC at 10:30 ET.

NNN no trades premarket.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs