AI brief of an SEC Form 8-K · NNN Reit (NNN)

NNN REIT Q3 revenue rises to $218.6 million; net earnings fall to $97.9 million

Mixed Impact 3 of 5 earnings Written later

NNN REIT reported third-quarter 2024 revenue of $218.6 million, up from $205.1 million a year earlier, while net earnings fell to $97.9 million, or $0.53 per share, from $106.8 million, or $0.59 per share. Core FFO per share rose to $0.84 from $0.81, and the company narrowed its 2024 Core FFO per share guidance to $3.28 to $3.32 from $3.27 to $3.33, which keeps the midpoint unchanged at $3.30.

Key points

  • Q3 2024 revenue was $218.6 million versus $205.1 million in Q3 2023.
  • Q3 2024 net earnings were $97.9 million ($0.53 per share) versus $106.8 million ($0.59 per share), with gains on sales of real estate at $7.8 million versus $20.0 million.
  • Core FFO per share was $0.84 versus $0.81; AFFO per share was $0.84 versus $0.82.
  • 2024 Core FFO per share guidance was narrowed to $3.28 to $3.32 from $3.27 to $3.33.

The filing

CompanyNNN Reit (NNN)
Form8-K, current report
Filed with the SECOct 31, 2024, 8:31 AM ET
Accession number0000950170-24-119257

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 31, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.