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O
Realty Income Reports Strong Q3 2024 Results and Raises Guidance
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8-K
Summary
Realty Income Corporation announced its financial results for the three and nine months ended September 30, 2024, reporting a net income of $261.8 million and AFFO of $915.6 million for Q3 2024. The company raised its 2024 investment volume guidance to approximately $3.5 billion and adjusted its AFFO per share guidance to a range of $4.17 to $4.21 per share. CEO Sumit Roy highlighted the company's disciplined execution and the inherent benefits of its global platform. The company also issued $500.0 million of 5.375% senior unsecured notes due 2054 and raised $271.0 million from the sale of common stock.
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