09:02 AM EDT, 05/01/2024 (MT Newswires) -- NNN REIT ( NNN ) reported Q1 adjusted funds from operations of $0.84 per diluted share, up from $0.82 a year earlier.

Analysts polled by Capital IQ expected $0.83.

Revenue for the quarter ended March 31 was $215.4 million, up from $204.1 million a year earlier.

Analysts surveyed by Capital IQ expected $212 million.

For 2024, the real estate investment trust expects adjusted funds from operations of $3.29 to $3.35 per share. Analysts polled by Capital IQ expect $3.34.

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