The upcoming report from Realty Income Corp. (O) is expected to reveal quarterly earnings of $1.06 per share, indicating no change from the year-ago quarter. Analysts forecast revenues of $1.4 billion, representing an increase of 4.2% year over year.The consensus EPS estimate for the quarter has been revised 0.4% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Prior to a company's ...

Agree Realty (ADC) Q2 2025 Earnings Call August 01, 2025 09:00 AM ET Company ParticipantsReuben Treatman - Senior Director - Corporate FinanceJoey Agree - President, CEO & DirectorPeter Coughenour - CFOKi Bin Kim - MD - US REIT Equity ResearchSmedes Rose - DirectorJana Galan - DirectorSheryl Kaul - Equity Research AssociateBrad Heffern - DirectorRich Hightower - MD - U.S. REIT ResearchJames Kammert - Managing DirectorSamuel A.A. Ohiomah - Senior Research Associate - REITsRonald Kamdem - MD & Head - US REITs ...

Agree Realty (ADC) Q2 2025 Earnings Call August 01, 2025 09:00 AM ET Speaker0Good morning, and welcome to the Agree Realty Second Quarter twenty twenty five Conference Call. All participants will be in a listen only mode. After today's presentation, there will be an opportunity to ask questions. Please limit yourself to two questions during this call. And note, this event is being recorded.I would now like to turn the conference over to Ruben Treatment, Senior Director of Corporate Finance. Please go ahead, ...

Healthcare Realty Trust (HR) Q2 2025 Earnings Call August 01, 2025 09:00 AM ET Speaker0Thank you for standing by. My name is Ian, and I will be your conference operator today. At this time, I would like to welcome everyone to the Healthcare Realty Second Quarter twenty twenty five Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session.Thank you. I would like to hand the call over to Rob Hubbard, V ...

业绩总结 - 2023年第二季度净收入为41,015万美元，同比增长约2.5%[115] - 2023年第二季度EBITDAre为105,418万美元，同比增长约4.3%[115] - 2023年第二季度Recurring EBITDA为118,405万美元，同比增长约3.9%[115] - 2023年第二季度每股FFO为3.58美元，同比增长约3.8%[116] - 2023年第二季度Core FFO每股为3.93美元，同比增长约2.1%[116] - 2023年第二季度Adjusted FFO每股为3.95美元，同比增长约3.1%[116] 用户数据 - 2025年上半年租赁活动达到150万平方英尺，回收率为104%[13] - 2025年6月30日的年化基础租金总额为6.745亿美元[50] 财务状况 - 截至2025年6月30日，流动性约为23亿美元[14] - 截至2025年6月30日，净债务与经常性EBITDA的比例为3.1倍[14] - 截至2025年6月30日，公司的总债务为32.5亿美元，固定利率债务的平均利率为4.06%[114] - 截至2025年6月30日，公司的股东权益市值为82亿美元，物业数量为2513个[49] - 截至2025年6月30日，公司的股本市值为82亿美元，企业价值为116亿美元，总债务占企业价值的28.2%[94] 投资与展望 - 2025年每股AFFO指引上调至4.29美元至4.32美元，中位数增长超过4%[13] - 2025年投资指引上调至14亿至16亿美元的高质量零售净租赁资产[13] - 2025年公司预计的投资指导为14亿至16亿美元[87] - 公司自2010年以来已收购83亿美元的高质量零售净租赁物业[80] - 公司在零售领域的投资策略专注于电商抗压和经济衰退抵御的领先运营商[77] 资本市场活动 - 发行4亿美元的2035年到期高级无担保债券，利率为5.35%[13] - 公司资本市场活动自2010年以来已达到近110亿美元[96] 负面信息 - 2023年第二季度总债务与年化净收入比为13.1倍，较第一季度上升0.9倍[115] - 2023年第二季度净债务与Recurring EBITDA比为4.5倍，保持稳定[115] 其他信息 - 公司自2014年以来已连续支付161次普通股股息，过去10年的平均AFFO支付比率为75%[102] - 公司定义的净债务与经常性EBITDA比率用于衡量杠杆，帮助投资者理解公司的债务服务能力[122] - 年化基本租金（ABR）代表租户租赁协议要求的年化最低租金[126]

战略合作与投资 - Great Elm Group与Kennedy Lewis Investment Management达成战略合作，投资金额高达1.5亿美元，推动房地产平台扩展[3] - Kennedy Lewis以每股约2.11美元的市场价格购买Great Elm 4.9%的普通股，投资额约为7500万美元[6] 资产管理与融资 - Monomoy Properties REIT获得1亿美元的定期贷款，未来可选择额外5000万美元的资本[6] - Monomoy REIT管理的资产总额(AUM)约为4亿美元，涵盖150个物业，分布在29个州[10] - Monomoy REIT的投资组合中，58%为设备租赁，28%为油田和能源服务，10%为建筑供应[10] 收入预期与市场展望 - Great Elm预计房地产平台的收入将从2025财年的约500万美元增长至2026财年的2000万美元，并在2030财年超过1亿美元[19] - 目标是将Monomoy REIT的资产规模提升至超过10亿美元，并计划在2030年进行首次公开募股(IPO)[20] - 预计未来将受益于国内制造和物流需求加速、关税增加、AI驱动的资本支出等经济利好因素[18] 业务专注与管理 - Great Elm的全方位房地产平台结合市场洞察、投资专业知识和交钥匙执行能力，专注于工业户外存储(IOS)房地产客户[12] - Kennedy Lewis管理的资产总额超过300亿美元，专注于信贷领域的替代投资[28]

Office workers walking across London Bridge on their way home from work during rush hour.gettyI have to laugh when I hear the phrase “return to the office.”I mean, COVID started more than five years ago. With the turnover in Corporate America since then, we can hardly call what’s happening now a “return.”Most of those “returning” aren’t even the same people!Nonetheless, the, shall we say, revenge, of the office is real. My wife and I saw it firsthand when we went to an open house here in Sacramento a few mo ...

I am currently in the process of expanding my portfolio. Looking for REITs that have great fundamentals and future growth prospect, but are disliked by Mr. Market in the short-term. As a contrarian investor with a long-term horizon, my goal isI'm Luuk Wierenga, an economics teacher from the Netherlands with a strong passion for income investing. My investment journey began during the COVID-19 pandemic, and since then, I've specialized in identifying Real Estate Investment Trusts (REITs) that are temporarily ...

Healthcare Realty Trust (HR) reported $297.5 million in revenue for the quarter ended June 2025, representing a year-over-year decline of 6%. EPS of $0.41 for the same period compares to -$0.39 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $298.38 million, representing a surprise of -0.3%. The company delivered an EPS surprise of +2.5%, with the consensus EPS estimate being $0.40.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...

For the quarter ended June 2025, Cousins Properties (CUZ) reported revenue of $237.72 million, up 12.4% over the same period last year. EPS came in at $0.70, compared to $0.05 in the year-ago quarter.The reported revenue represents a surprise of -1.97% over the Zacks Consensus Estimate of $242.49 million. With the consensus EPS estimate being $0.70, the company has not delivered EPS surprise.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectat ...