09:29 AM EDT, 05/01/2025 (MT Newswires) -- NNN REIT ( NNN ) reported Q1 adjusted funds from operations Thursday of $0.87 per diluted share, up from $0.84 a year earlier.

Analysts polled by FactSet expected $0.83.

Revenue for the quarter ended March 31 was $230.9 million, up from $215.4 million a year earlier.

Analysts surveyed by FactSet expected $218.7 million.

The company said it continues to expect full-year 2025 adjusted FFO in the range of $3.39 to $3.44 per share. Analysts polled by FactSet expect $3.41.