On Monday 4th November 2024, Realty Income Corporation (NYSE: O) will be releasing its third quarter financial results. This much awaited announcement will be made after market close.
the organization is poised to announce an estimated $0.36 profit per share for the quarter, as predicted by financial experts on Wall Street. Additionally, the firm is expected to reveal a total revenue of $1.28 billion for this period.
The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $1.02. This was a direct result of the company's total revenue, which amounted to an impressive $1.04 billion during that specific period.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $5.11 billion. Additionally, the earnings per share for the company are also anticipated to reach profit of $1.25 over the course of the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.06 | +6.0% | 1.34 B | +31.4% |
| Q1 2024 | $1.03 | +5.1% | 1.26 B | +33.4% |
| Q4 2023 | $1.01 | +1.0% | 1.08 B | +21.1% |
| Q3 2023 | $1.02 | +4.1% | 1.04 B | +24.1% |
| Q2 2023 | $1.00 | +3.1% | 1.02 B | +25.7% |
| *Growth on year-over-year basis | ||||
The organization has scheduled a conference call on 5th November 2024 at 02:00 PM eastern time to discuss the third quarter financial results and other related information.
During Friday's trading, Realty Income Corporation (O) shares reached a low of $58.82 and a high of $59.83, along with a total volume of 4.61 million shares. The stock ended the regular trading session at $58.88, indicating drop of 0.39 percent.
