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National Retail Properties lifts 2016 FFO guidance

Feb. 11, 2016 9:07 AM ETNNN REIT, Inc. (NNN) StockNNNBy: Stephen Alpher, SA News Editor
  • Q4 adjusted FFO of $77.95M or $0.57 per share vs. $71.9M and $0.56 one yer ago. Full-year AFFO of $2.27 per share vs. $2.12 in 2014.
  • Portfolio occupancy of 99.1% at year-end, flat from a quarter earlier, and vs. 98.6% a year ago.
  • Full-year FFO guidance is boosted by a penny at both ends to $2.29-$2.35 per share. AFFO is expected at $2.34-$2.40.
  • Conference call at 10:30 ET
  • Previously: National Retail Properties AFFO in-line, beats on revenue (Feb. 11)
  • NNN flat premarket

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