AcquisitionsTransaction activity in 4Q acquisitions of $216.8m beat guide midpoint and the management noted the conservatism in its acquisition guide with an elevated deal flow compared to last year.
Financial PerformanceThe company's quarterly AFFO results are in-line with expectations, and the full-year guidance is above consensus.
Growth StrategyNNN continues to get rid of nonperforming assets, which has caused recent quarters to experience a higher number of dispositions.