NNN beat EPS expectations by 6.17%
Nov 08, 2024, 11:35 AM
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What does NNN do
NNN REIT, headquartered in Orlando, Florida, invests in retail properties under long-term net leases, owning approximately 3,532 properties across 49 states with a total gross leasable area of 35,966,000 square feet. The company focuses on various retail sectors, including convenience stores, restaurants, and fitness centers, employing 82 full-time staff.
NNN REIT (NNN) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, NNN REIT's actual EPS was $0.53, beating the estimate of $0.50 per share, resulting in a 6.17% surprise.
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