NNN REIT reports Q1 AFFO 87c, consensus 87c

Reports Q1 revenue $240.42M, consensus $238.39M. CEO Steve Horn commented: “We are pleased with our solid start to the year. Our strong Q1 performance enabled us to increase AFFO guidance for 2026. Portfolio occupancy climbed to 98.6%, surpassing our long-term average, and our balance sheet remains well positioned to fund future acquisitions. NNN‘s primarily self-funded model in the triple-net market, combined with our robust tenant relationship program, positions us to deliver consistent and sustainable per-share growth year after year.”