WASHINGTON (dpa-AFX) - Realty Income Corporation (O), Monday reported first-quarter net income available to common stockholders was $249.8 million, or $0.28 per share, compared to $129.7 million or $0.16 per share last year.
Funds from Operations for the quarter were $937.7 million or $1.05 per share, compared to $785.7 million or $0.94 per share last year.
Adjusted Funds from Operations were $949.7 million or $1.06 per share, compared to $862.9 million or $1.03 per share last year.
Total revenues for the quarter were $1.380 billion from $1.260 billion last year.
Looking ahead, the company anticipates earnings of $1.40 - $1.46 per share and AFFO of $4.22 - $4.28 per share for the fiscal year 2025. Previously, the company expected earnings of $1.52 - $1.58 per share, and AFFO of $4.22 - $4.28 per share.
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