04:44 PM EDT, 05/06/2024 (MT Newswires) -- Realty Income ( O ) reported Q1 adjusted funds from operations late Monday of $1.03 per diluted share, up from $0.98 a year earlier.

Analysts polled by Capital IQ expected AFFO of $1.02.

Revenue for the quarter ended March 31 was $1.26 billion, compared with $944.4 million a year earlier. Analysts surveyed by Capital IQ expected $1.10 billion.

The company reaffirmed its 2024 AFFO guidance of $4.13 to $4.21 per diluted share. Analysts in a Capital IQ poll expect $4.17.

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