WASHINGTON (dpa-AFX) - Realty Income Corp. (O) announced a profit for its third quarter that gained ground from last year.
The company said its bottom line advanced to $186.58 million, or $0.72 per share. This was up from $165.79 million, or $0.70 per share, in last year's third quarter.
Analysts had expected the company to earn $0.73 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 7.1% to $277.17 million. This was up from $258.89 million last year.
Realty Income Corp. earnings at a glance:
-Earnings (Q3): $186.58 Mln. vs. $165.79 Mln. last year. -Earnings Growth (Y-o-Y): 12.5% -EPS (Q3): $0.72 vs. $0.70 last year. -EPS Growth (Y-o-Y): 2.9% -Analysts Estimate: $0.73 -Revenue (Q3): $277.17 Mln vs. $258.89 Mln last year. -Revenue Change (Y-o-Y): 7.1%
-Guidance: Full year EPS guidance: $2.87 - $2.89
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