Realty Income reports Q1 AFFO $1.06, consensus 41.06

Reports Q1 revenue $1.38B, consensus $1.3B. “Realty Income’s (O) ability to deliver reliable and stable performance through varying market conditions continues to be a hallmark of our platform,” said CEO Sumit Roy. “Throughout our history, we have strategically expanded and diversified our portfolio across geographies, asset classes, and investment types. This, combined with our high-quality tenant base, ensures the predictability and durability of our cash flows, which has proven to be especially valuable during periods of uncertainty caused by exogenous factors. Our Q1 results reflect the strength of our portfolio and our ability to deploy capital into high-quality opportunities, particularly in Europe. Our size, scale, and breadth of investments, together with access to various capital sources, remain key advantages and reinforce our ability to drive consistent results.”