WASHINGTON (dpa-AFX) - Realty Income Corp. (O) announced a profit for first quarter in line with the Street estimates.
The company's bottom line came in at $225.02 million, or $0.34 per share. This compares with $199.37 million, or $0.34 per share, in last year's first quarter.
Analysts on average had expected the company to earn $0.34 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 17.0% to $944.40 million from $807.34 million last year.
Realty Income Corp. earnings at a glance (GAAP) :
-Earnings (Q1): $225.02 Mln. vs. $199.37 Mln. last year. -EPS (Q1): $0.34 vs. $0.34 last year. -Analyst Estimates: $0.34 -Revenue (Q1): $944.40 Mln vs. $807.34 Mln last year.
-Guidance: Full year EPS guidance: $1.22 to $1.32
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