Realty Income (NYSE: O) has announced that it will be unveiling its second quarter financial results on Monday 5th August 2024. The disclosure is planned to occur after market close.
In accordance with the predictions of financial analysts on Wall Street, the business is on track to report an expected per share of $0.36 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $1.25 billion for this quarter.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $5.03 billion. Additionally, they are expecting the company to achieve a per share profit of $1.35 for the fiscal year 2024.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $1. This notable figure was attributed to the company's total revenue, which settled at an impressive $1019 million during that specific quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| 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
O has scheduled a conference call on 6th August 2024 at 02:00 PM eastern time to discuss the second quarter financial results and other related information.
Realty Income (O) shares traded as low as $57.69 and as high as $59.44 on a day volume of 6.64 million shares, closed Friday's regular trading session at $59.32, a rise of 2.26 percent.